Posted by MobileZ71 on 4/12/10 7:57pm
Msg #331438

California Attorney Accused of Loan Modification Scam

http://mandelman.ml-implode.com/2010/04/judge-dismisses-110-of-the-felony-counts-against-southern-california-attorney-accused-of-loan-modification-scam/

Reply by MW/VA on 4/12/10 8:17pm
Msg #331440

Yes, but it sounds like he got off way too easy.

Reply by John/CT on 4/12/10 9:27pm
Msg #331443

Now he can sue for false imprisionment and ...

malicious "persecution"?

Reply by Cari on 4/13/10 10:02am
Msg #331478

he sure did, from 110 to 8 counts! n/m

Reply by MikeC/NY on 4/12/10 10:15pm
Msg #331448

This article seems more like a defense of the attorney

than anything else. It seems like the author is saying that there really IS no loan mod scam; this poor attorney just got caught up in the banks refusals to modify the loans. Not his fault that he collected $1.25 million in fees and was apparently unable to get a single loan modified - it's all because the Obama administration policies don't work and the banks won't cooperate...

Which begs the question - why did this guy not return the fees when he couldn't produce what he said he would? It apparently wasn't a win some, lose some kind of thing - he lost them ALL (assuming he did anything to try to win them in the first place).

I'm always amazed at the spin that can be put on a story to make the bad guy look like the good guy....

Reply by JanetK_CA on 4/12/10 10:50pm
Msg #331455

Re: This article seems more like a defense of the attorney

That was my reaction, too. After all, if the judge dismissed the charges, there must not have been anything to them. Everyone knows that judges never make mistakes... yeah, right! I'm embarrassed that this happened in my county - but at least I can say that I wasn't the notary on any of those attorney supposed-mod agreements and I never collected any of those lost, but hard-earned funds from borrowers! Thank goodness!

Reply by BossLadyMD on 4/13/10 1:58pm
Msg #331509

although he was unsuccessful, he is entitled to payment

for his services JMHO

Reply by CaliNotary on 4/13/10 3:52pm
Msg #331527

Are you smoking crack?

Because he came up with a scam that he actually had to put some work into, you think he's entitled to payment? Wow.

Reply by MikeC/NY on 4/13/10 4:52pm
Msg #331554

Re: although he was unsuccessful, he is entitled to payment

He deserves to keep $1.25 million in upfront fees and do nothing in return? Where do I get a job like that?

Reply by Yoli/CA on 4/13/10 2:54pm
Msg #331520

Re: This article seems more like a defense of the attorney

Exactly! Never ceases to amaze me how effective the media is at spinning yarns ....

Reply by JanetK_CA on 4/14/10 2:44am
Msg #331631

Re: This article seems more like a defense of the attorney

I'm not sure this guy qualifies as "the media". Seems to be just a guy with a blog, promoting a certain point of view, imo.

Reply by Susan Fischer on 4/13/10 2:46am
Msg #331460

Good. Go prosecutors! n/m