Scams preying on struggling homeowners
Valley homeowners facing foreclosure have something else to worry about: Firms and people who offer help but instead steal their money.
The Arizona Attorney General’s Office and state regulators are receiving a growing number of complaints about individuals and companies that promise to help people keep their homes for a fee.
The firms offer to negotiate a better rate or loan for the homeowner, but after cashing the check, they stop returning phone calls.
On Wednesday, the Attorney General’s Office announced the indictment of Glendale resident Bobby John Herrera on charges of fraud, money laundering and theft.