Las Vegas Radio Talk Show Host Arrested In Mortgage Rescue Fraud Scheme

admin —  March 12, 2009 — 3 Comments

Jack Ferm, a former talk show host in Las Vegas, Nevada, has been arrested on two counts of felony theft and related charges in connection with the operation of U.S. Justice Foundation, a mortgage rescue scam.  

Ferm is the President and owner of U.S. Justice Foundation, a document preparation business which misled customers into believing his service would stop ongoing foreclosures on their homes without the need to retain an attorney. His company web site indicates he has a participated in successful litigation against numerous large corporations.

The Nevada Attorney General’s office has received numerous complaints about misrepresentations made by Ferm, including several clients who paid thousands of dollars to the U.S. Justice Foundation with no legal documents having been prepared or filed on their behalf. In many cases, Ferm required the victims to pay a monthly charge in addition to the original retainer for the duration of the litigation.

During a hearing in Federal Court, Ferm stated that the U.S. Justice Foundation has closed its doors and will not be accepting new clients.

Ferm was moderator of the show “Straight Talk” broadcast on the radio station KKVV 1060 from 1994 through 2003.

Anyone who has information regarding this case should contact the Attorney General’s Office at 486-3777 in Las Vegas or 684-1180 in Carson City.

 “Mr. Ferm’s conduct warrants prosecution to the fullest extent of the law,” said Attorney General Masto. “These schemes will not be tolerated in our state.”

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3 responses to Las Vegas Radio Talk Show Host Arrested In Mortgage Rescue Fraud Scheme

  1. we cannot get any answers from the attorney general even though we are a victim and provided them with all info months ago. so is the rat getting away with it? we lost our home and we are out 2,000.00. you call the justice!!

  2. PRESS RELEASE

    MAY 18, 2009

    LOCAL CRIMINAL ATTORNEY AND TEENAGE SON INVOLVED IN ASSUALT WITH DEADLY WEAPONS COMPLAINT.

    EVENT # 090515-3038 FRIDAY MAY 15, 2009

    CASE # J 315058………..NEXT HEARING: (PLEA) 10:00 am MAY 20, 2009

    CRIMINAL ATTORNEY BENJAMIN BOONE CHILDS SR. AND HIS 15 YEAR OLD SON ASSAULT AN INDIVIDUAL FRIDAY EVENING IN AN EAST LAS VEGAS NEIGHBORHOOD. THE VICTIM HAS FILED A CRIMINAL COMPLAINT AND IS PURSUING PROSECUTION OF THE MINOR. THIS IS THE SECOND TIME THE MINOR HAS ASSAULTED THE VICTIM WITH A DEADLY WEAPON. MR CHILDS HAS BEEN AN ATTORNEY IN NEVADA SINCE 1990 FLED THE SCENE BEFORE THE AUTHORITIES ARRIVED WITH (3) SMALLER CHILDREN IN THE VECHILE. AUTHORITIES COULD NOT ARREST MR CHILDS BECAUSE HE IS CURRENTLY GOING THROUGH A DIVORCE. EVEN THOUGH JUDGE BRYCE DUCKWORTH HAD ISSUED A BEHAVIOR ORDER. THE AUTHORITIES FELT THE ORDER HAD NOT BEEN VIOLATED BECAUSE MR CHILDS WAS NOT PHYSICALLY ON THE PROPERTY. THE INCIDENT OCCURRED IN THE STREET IN FRONT OF ONE OF HIS RENTAL PROPERTIES WERE HIS WIFE IS RESIDING. THE MINOR WAS APPREHENDED AT THE SCENE OF THE CRIME AND WAS TAKEN INTO CUSTODY. THIS MORNING THE HEARING MASTER ORDER THE MINOR REMANDED FOR PYSCHOLOGICAL EVALUATION.

  3. The U.S. Justice Foundation, through the documents that they prepared for me, my lawsuit got the lender’s attention, The end result is that I FINALLY got a loan modification (4.5%) fixed at around market value. I got my money’s worth from the U.S. Justice Foundation.

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