Tom
Palm Bay,#2Consumer Comment
Wed, June 14, 2006
Wow. Im a mortgage broker. I have heard of the straw buyer scams before, but this is more direct. So let me get this straight..... He gets homeowners with great credit to purchase a house in YOUR name, agrees to run the whole show like 'power of attorney' then skates with the money and leaves you with a house that more is owed on it than worth. So the guy utterly suckers VILLIAGE idiots . Who in their right mind lets people put houses and crap in their name while they have no direct control of whats going on . These folks did just because 'he said he would do this or that? ' Price just plays around with other peoples money. Sounds like a more direct approach than an investment broker , but same idea. At least the investment broker scam is legal, and most of the time they TRY to make clients money. Remember the GOLDEN RULE OF SCAMS never ever give anyone money for a service not rendered. Not under any circumstances.