$18.5 Mortgage Modification Scheme

Posted by & filed under Fraud.

Four People Stole $1M from Mortgage Lenders | The Advocacy For Consumer Rights

  Two men who commited $18.5 million in fraud against 8,000 homeowners, pled guilty to their charges in a huge mortgage modification scheme. They had set up a fake telemarketing agency and purchased their victims information. Then they would contact the people who were in danger of losing their home and say that they could help them… Read more »

Details of a Whistleblower Claim

Posted by & filed under Whistleblower.

Details of a Whistleblower Claim | The Advocacy For Consumer Rights

A whistleblower is someone who informs on a person or organization that is engaged in illegal activities. If you are knowledgeable about mortgage lenders or servicers who are participating in fraudulent contracts, you can blow the whistle on them. There are many reasons you may want to do this: Exposure: if you work for a… Read more »

Stopping Mortgage Grammar Fraud

Posted by & filed under Fraud, Grammar.

Stopping Mortgage Grammar Fraud | The Advocacy For Consumer Rights

When mortgage lenders use special mortgage grammar to confuse the contracts they are writing, it can result in mortgage grammar fraud. In order to understand what has to be done to stop this mortgage grammar fraud, you have to first understand what these lenders do to commit the fraud and how you can get help…. Read more »

What is Contract Fraud?

Posted by & filed under Fraud.

Understanding Contract Grammar | The Advocacy For Consumer Rights

Contract fraud happens when one party gives false or intentionally confusing information to the other party in a contract. There are two types of contract fraud: Fraud in the Inducement and Fraud in the Factum. Fraud in the Inducement means that the party has been decieved in the entire contract. The other party in this… Read more »

Contacting Grammar Specialists

Posted by & filed under Grammar.

Consumer Rights You Are Giving Away | The Advocacy For Consumer Rights

A grammar specialist is someone who can assess legal contracts to make sure that all of the proper language and mathematic rules are followed. This type of specialist may be new to you, so you may not really understand when you might need to call them. You need to know when you should contact a… Read more »

Tax Fraud Whistleblowers

Posted by & filed under Fraud, Whistleblower.

Goldman-Sachs and NY Fed Reserve Case | The Advocacy For Consumer Rights

There are many ways to commit Tax Fraud including not paying taxes, hiding information, and falsifying documents. There is an act called the Tax Relief and Health Act of 2006 that allows someone who knows of tax fraud, by an individual or business, to come forward and tell the IRS. These whisteleblowers can recieve up to 30%… Read more »

Banks Reach $1.865 Billion Dollar Settlement

Posted by & filed under Banking.

DOJ Readies Fresh Round Of Hefty Bank Settlements | The Advocacy For Consumer Rights

In one of the largest antitrust class-action settlements, 12 major banks agreed on a $1.865 billion dollar settlement against credit default swap accusations. The banks include Citigroup, Goldman Sachs, JP Morgan Chase, Morgan Stanley, and many others. Credit default swaps protect investors against debt issuers that do not pay the money they owe. A credit default swap is part… Read more »

Delivering A Verb Pizza!

Posted by & filed under Grammar.

Delivering A Verb Pizza! | The Advocacy For Consumer Rights

Yesterday we went online and ordered a pizza from the same Domino’s Pizza I managed years ago. I wrote we “we wanted a large cheese pizza.” When the pizza delivery guy got to the door, I paid for the pizza. I walked back into the house and opened the pizza box to find no pizza at… Read more »

What is a Whistleblower Claim?

Posted by & filed under Whistleblower.

What is a Whistleblower Claim? | The Advocacy For Consumer Rights

  There are 5 aspects to a whistleblower claim. First you must have proof that fraud has occured under one of these terms: Financial loss to the government under the False Claims Act  A violation of the securities or commodities laws in the Dodd-Frank Act Harm to employees or the general public covered by industry specific… Read more »

Government Might Finally Get Tough on Wall Street Fraud

Posted by & filed under Government.

Bankruptcy Fraud Case | The Advocacy for Consumer Rights

Seven years after the Great Recession the Justice Department has finally issued a policy to prosecute executives, not the company, that is or was involved in fraud. Companies are now required to hand over evidence of wrong doing if they want a “cooperation credit” which involves less penalties and fines. 23% of people interviewed from Wall Street have seen… Read more »