Man alleged to be behind high-interest mortgage scam living large on social media
Another #scam to watch out for. Of course they usually victimize elderly and disabled people!
Each situation is unique, but many seem to follow a pattern where homeowners — usually seniors — who have previously been duped into various door-to-door HVAC equipment rental contracts are again approached at home by people who say they can help the homeowner consolidate their debt.
In some cases, the homeowners are told they are eligible to receive money back if they buy more equipment or have renovations done on their homes. In reality, their home is used as collateral and they are allegedly tricked into signing mortgage papers that many say they did not want, or understand.
