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Homeowners faking filings to delay foreclosure

By Call it Crazy   Follow   Fri, 28 Dec 2012, 7:52am   374 views   5 comments
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http://www.securingindustry.com/security-documents-and-it/homeowners-faking-filings-to-delay-foreclosure/s110/a1550/

Homeowners in California are buying fake documents to delay foreclosures on their properties, a local paper reports.

Prosecutors in Stanislaus County, California, have cottoned on to the practice and begun cases against four homeowners. The four are accused of filing phony court documents - claiming the debt has been repaid or changing a trustee - in an attempt to stall foreclosure proceedings.

"It comes to a point where enough is enough. How many breaks can we give these people?” Jeff Mangar, a prosecutor with the district attorney's fraud unit, told The Modesto Bee. Staff handling filings are now aware of the practice and tip off investigators.

The counterfeit court filings are available online - for a fee - from websites claiming they can tie up banks in administrative proceedings for years. A website reviewed by the Bee claims none of its 2,600 customers have made a mortgage payment in the past two years.

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1. Kevin Follow Befriend 40 threads 2,652 comments

   1   12:03pm Fri 28 Dec 2012   Share   Quote   Permalink   Like   Dislike   What a brilliant scam. I wish I had thought of it.

2. Goran_K Follow Befriend (4) 25 threads 1,520 comments Laguna Beach, CA Premium

   2   12:08pm Fri 28 Dec 2012   Share   Quote   Permalink   Like   Dislike   Protected   Call it Crazy says "It comes to a point where enough is enough. How many breaks can we give these people?” Jeff Mangar, a prosecutor with the district attorney's fraud unit, told The Modesto Bee. I like the way this guy thinks.

3. bmwman91 Follow Befriend (7) 37 threads 1,539 comments Mountain View, CA bmwman91's website Premium

   3   1:36am Sat 29 Dec 2012   Share   Quote   Permalink   Like   Dislike   Protected   There's no better place to squat indefinitely than CA, baby! The CA dream is alive and well.

4. Oxygen Follow Befriend 14 threads 158 comments Brooklyn, NY

   4   1:53am Sat 29 Dec 2012   Share   Quote   Permalink   Like   Dislike   lol.

5. elliemae Follow Befriend (25) 413 threads 6,981 comments Saint George, UT elliemae's website

   5   12:05pm Sun 30 Dec 2012   Share   Quote   Permalink   Like   Dislike   For every action there's an equal and opposite reaction. this is proof.