Tuesday, June 23, 2009

Arizona Firms Selling Allegedly Bogus Loan Modification Services & "Loss Mitigation Consultant" Business Opportunities Faces Federal Civil Charges

The Federal Trade Commission recently announced:At the request of the Federal Trade Commission, a federal court has halted a bogus mortgage foreclosure prevention operation that misrepresented both the “loss mitigation” services it offered and the earnings potential of the business opportunity it sold. The FTC seeks to end this deceptive scheme and make the defendants give up their ill-gotten

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