Castle Blog

Loan Modification Group in San Diego Is Invested by the FBI for Fraud

It seems that the FDIC’s warning about the prevalence of loan modification scams may have been well needed advice. There have been many scams involving loan modification reported, including a company that victimized two Maryland women with promises of modifying their home loan. This time it was quite a few more people that fell victim to a scam. Edmundo Rubi, Joseph Encarnacion, and Ben and Gloria Hebron now face more than 54 charges, including foreclosure consultant fraud, grand theft and securities fraud, after preying of the Filipino population in San Diego. The group had been investigated by the FBI and the San Diego County District Attorney’s Office and the indictment was sealed yesterday.

It is now more important than ever to be careful who you choose to handle your finances. Since the beginning of the recession, the amount of scammers and fraudulent groups has increased rapidly. Same rule applies if you decide to pursue a bankruptcy. Don’t hire any attorney, even me, unless you first know the questions to ask to find out if he or she is experienced enough to handle your case.

More and more people are beginning to see that bankruptcy is a safer (and more powerful!) way to handle their debt. Wondering if bankruptcy is right for you? Request a free copy of my ultimate bankruptcy book for Missouri and Illinois, “Get Out of Debt: Secrets Your Creditors Don’t Want You to Know,” by clicking here. Careful research is required for any decision you make about your financial future these days. So, why not learn more from an experienced St. Louis Missouri or Fairview Heights Illinois bankruptcy attorney?