Archives For Nevada

Nevada Receives Grant to Help Fight Mortgage Fraud

Allison Tussey —  November 11, 2010 — Leave a comment

Nevada has received $1,700,500 from the U.S. Office of Justice Program as a discretionary or project-driven grant to enable the Mortgage Fraud Unit within the Nevada Office of the Attorney General to expand services to deal with Nevada’s mortgage fraud and vacant property crimes.

The grant will enable the Mortgage Fraud Unit to add four investigators and two prosecutors to its current staff of three investigators and three prosecutors. The grant will enable the unit to increase the number

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Foreclosure “Rescuer” Sentenced for Mortgage Fraud

admin —  June 15, 2010 — Leave a comment

Jeffery Tye Brown, 50, Henderson, Nevada, was sentenced to prison following a plea of guilty to felony mortgage fraud in violation of NRS 205.372, a Category C felony, in connection with the operation of DB Financial Services, a foreclosure rescue business located in Henderson.

Las Vegas District Court Department 1 Judge Kenneth E. Cory sentenced Continue Reading...

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“Operation Stolen Hope”

admin —  November 30, 2009 — 2 Comments

Federal Trade Commission Chairman Jon Leibowitz, joined by U.S. Senator Harry Reid, Nevada Attorney General Catherine Cortez Masto, and Assistant Attorney General Tony West of the Civil Division of the U.S. Department of Justice, announced Operation Stolen Hope as part of a continuing federal-state crackdown on mortgage foreclosure rescue and loan modification scams. The operation involves 118 actions by 26 federal and state agencies.

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Former Las Vegas Resident Charged in Straw Buyer Scheme

admin —  November 16, 2009 — Leave a comment

Brian K. Jackson, 38, Anaheim, California, was indicted by the Federal Grand Jury in Las Vegas on October 21, 2009, and charged with Conspiracy to Commit Bank Fraud, Mail Fraud, and Wire Fraud. Jackson was arrested in the Los Angeles area, and appeared before a U.S. Magistrate Judge there and was released on a $50,000 surety bond. Jackson

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Las Vegas Company Ordered To Stop Loan Modification Services

Allison Tussey —  April 9, 2009 — Leave a comment

Your Credit Angel, LLC, Las Vegas, Nevada, which purports to assist distressed homeowners in avoiding foreclosure by offering mortgage loan modification services, was issued an order to cease and desist by the Idaho Department of Finance.

“A person engaged as a third party in mortgage loan modification activities in Idaho must be licensed as a credit counselor,” said Gavin Gee, director of the Idaho Department of Finance.

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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

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