Tag: FTC
AG Koster stops foreclosure-relief business from cheating consumers
Jefferson City, MO - March 23, 2010 - (RealEstateRama) -- Attorney General Chris Koster today announced that the operators of a foreclosure-relief business will no longer be allowed to do business in Missouri or other states, thanks to a court settlement with Missouri, California and the Federal Trade Commission (FTC). US Foreclosure Relief Corp., George Escalante, Cesar Lopez and Adrian Pomery are permanently banned from selling mortgage loan modification or foreclosure relief services.
Federal Trade Commission Commends McCollum’s Proactive Efforts Against Foreclosure Rescue Fraud
TALLAHASSEE, FL - November 25, 2009 - (RealEstateRama) -- The Federal Trade Commission (FTC) today commended Florida Attorney General Bill McCollum for his proactive efforts to combat mortgage foreclosure rescue and loan modification scams in Florida. Yesterday, the FTC unveiled “Operation Stolen Hope,” a national sweep targeting these types of scams, and announced the filing of just over 100 state and federal legal actions throughout the country. These filings are in addition to the continuing efforts by Attorney General McCollum's office, which has filed 17 civil actions in the past year with more expected in the coming months.
