Wednesday, July 1, 2009

Scammers find lucrative business from funerals, foreclosures

NEW YORK (6/29/09)--While you're pinching pennies during the recession, scammers keep finding innovative ways to pick your pocket.

The foreclosure mess is turning into a lucrative business for crooks who promise to "help people" avoid foreclosure--for a price ( June 21). While there are many legitimate nonprofit agencies providing free, confidential help to borrowers, con artists convince desperate homeowners who are behind on their payments to fork over $1,500, $3,000, or even up to $8,000 in fees for services that typically are free...

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