Indiana AG Charges Two Firms With Foreclosure Aid Fraud

Posted by Orb Staff on December 19, 2012 No Comments
Categories : Mortgage Servicing

12945_greg_zoeller Indiana AG Charges Two Firms With Foreclosure Aid Fraud Indiana Attorney General Greg Zoeller has filed lawsuits against a pair of foreclosure consultant companies that allegedly took $2,600 from homeowners without providing services. According to Zoeller's office, Nevada-based Blue Chip Group, Inc. and California-based Certified Legal Processing and Legal Preparation Services did not obtain certificates of authority to conduct business in the state, nor did they register $25,000 surety bonds with the state attorney general's office. According to the lawsuits, both businesses violated the Credit Services Organization Act, the Mortgage Rescue Protection Act, the Home Loan Practices Act and Indiana's Deceptive Consumer Sales Act.Â

Zoeller is seeking injunctions against the companies, restitution for the victims, civil penalties and attorneys' fees.

‘The tough economy, paired with already struggling homeowners, has meant big business for scammers who aim to prey on their victims' desperation to stay in their homes,’ Zoeller says. ‘Too-good-to-be-true offers backed by phony guaranteed refunds can leave homeowners in worse financial shape, including the loss of their homes. Our office continues to investigate and prosecute those who take advantage of Hoosiers and send the message that these types of illegitimate businesses are not welcome in our state.’

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