Posts Tagged ‘foreclosure fraud’

Foreclosure websites order to close down

May 4, 2009

“In North Dakota, ForeclosureTown.com lists 853 properties in the Bismarck, North Dakota area and 675 properties in the Fargo, North Dakota area that it claims are in foreclosure. The pictures listed are not the actual pictures of the properties. According to North Dakota Attorney General Wayne Stenehjem, who made the announcement, the website listings are merely a ruse to sell memberships for a free 7-day trial period wherein consumers’ bank accounts or credit cards are automatically charged. Consumers cannot access any of the listings until they have purchased a membership. The entity also tries to enroll consumers in a “foreclosure school” for $297.”

I receive questions from victims of various scams or suspected scam about what they should do.  This article suggests the answer; start with your state’s attorney general’s office.  They are invested with the power to investigate consumer fraud.

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