3 Indicted for Foreclosure Rescue Scam

admin —  January 22, 2010 — 4 Comments

Jason Todd Wilhite, Ronald Quilang and Benjamin Moraleda, Las Vegas, Nevada have been indicted for allegedly operating a foreclosure rescue scam in Las Vegas, Nevada, between June 2008 through January 2009 under the business name of Rescorp.

The indictment alleges that Wilhite, Quilang and Moraleda operated Rescorp, a document preparation and loan modification business that charged between $1,200.00 to $2,200.00 for loan modification and document preparation services and misled customers by falsely claiming that their services would prevent foreclosures on their homes and/or that they would obtain loan modifications. The State alleges that the services were not performed. The State further alleges that Wilhite, Quilang and Moraleda further defrauded consumers by having them sign bogus Deeds of Trust that gave the Defendants liens on the victims homes based on bogus promissory notes, which falsely claimed that loans had been made on the properties, when in fact, the loans had not been made. The State alleges that this was done to cloud the title to the home and prevent the legitimate lenders from foreclosing on the victims properties.

This scam is another in a long line of similar fraudulent loan rescue scams that my office is aggressively prosecuting,” said Nevada Attorney General Catherine Cortez Masto . “My office will continue to prosecute these crimes and send the message that this type of conduct will not be tolerated in our State.”

Jason Todd Wilhite was indicted on three (3) B felony counts of Theft – Obtaining Money in Excess of $2,500 by material misrepresentation in violation of NRS 205.832 (1)(c) and NRS 205.0835; Ronald Quilang was indicted on three (3) B felony counts of Theft-Obtaining Money in Excess of $2500 by Material Misrepresentation in violation of NRS 205.0832(1) (c) and NRS 205.0835; and Benjamin Moraleda was indicted on four (4) B felony counts of Theft-Obtaining Money in Excess of $2500 by Material Misrepresentation in violation of NRS 205.0832(1) (c) and NRS 205.0835.

The case was investigated and is being prosecuted by the Attorney General’s Mortgage Fraud Task Force and Bureau of Consumer Protection after the AG’s office received numerous complaints about misrepresentations made by Wilhite and Quilang. These include several clients who paid thousands of dollars to the Rescorp with no contact ever being made with the victims’ lenders for the purpose of obtaining loan modifications.

The indictment is not a determination of guilt or innocence but is just a finding of probable cause that a crime was committed. The defendants are presumed innocent until proven guilty. A District Court arraignment has been scheduled for February 3, 2010 in Las Vegas District Court Department 23.

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4 responses to 3 Indicted for Foreclosure Rescue Scam

  1. Foreclosure Assistance Scam Alert:
    Anthony Smith (Tony Smith)/The Smith Group
    PO BOX 471
    PORTSMOUTH, OHIO 45662-0471

    They promise to stop foreclosure, regardless and seem legitimate. They require 5,000 up front and monthly payment via cashiers check. They will have you in and out of court,sending numerous documents to the lenders, court and local papers. They insist you buy a dictionary of law terms, copyright your name, purchase no trespassing signs and move to have your case taken to federal court. Then, when that is denied, they will stop returning calls. Fell for it hook, line and sinker

  2. my parents are using marilee ryan can anyone tell me if she is in fact part of this?

  3. MY wife and I also availed of that service from Ben Moraleda and Ron Quilang, with their company called American Recourse and we were charged $3,500.00 and nothing good happened .our house got foreclosed and we had to move..Is there a recourse i can do to recoup some of the monies

  4. Benjamin Moraleda want me to pay $30K-50K, on one house. Benjamin took me to court. and he is teaching people after foreclosure, he is collecting rent, and let the renter pay him. the house is no longer his. I want you to check on Hora, Donald and Hora, Elena. Marilee A Ryan they are doing the same as Benjamin. Please help. they are tied up my house

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