I was contacted by DeMarco. I told them my credit was bad and I didn't think they could help me. But we tried and they then told me that we would re-mortgage and I could get approx 40K. That would help get things under control for my family and I. My oldest was going away to college. I got the pay off for the existing mortgage at least three times. Then finally we were ready to proceed. I was picked up in Parsippany NJ, driven to DeMarco in Philadelphia, PA. When I got there, I was a bit nervous, and Matt who picked me up, was gone. So now I am in a room with about 5-6 people, telling me sign this and that, then the paperwork was incorrect. So, I went from a 2300.00 mortage payment to a 2950.00 payment. I was going to have a check mailed to me for approx half of what was promised. So now, I am stuck in Philadelphia with nobody I know. The name is DeMarco and I was scared not to do what they said. So I signed everything they told me. I just wanted to get home to NJ. I have three daughters and I felt, I made a mistake and I was afraid that I may not get home if I didn't do what they said. I want my house back in my name. So now I still think the house is in my name and the mortage is in DeMarco's name. And a few weeks ago, a gentleman John Ottino called and said he owns my house and wants to sell it. I was dealing with a lot at the time, so I was shocked to hear what happened. He came to meet me and see the house. He said he was scammed also. That a few homes that he did this with went into forclosure and his credit was ruined. When this whole thing stared with Demarco, the payoff for my house was approx 260K. Now the pay off is 370K. How did that happen? I am very confused. I have a call into the Essex County procecutors office. I want my house in my name, I never sold it. I would never do that. I need all the help I can get. I am going all the way with this. I WILL NOT LOSE MY HOUSE.
Thank You
Amy mother of three daughters 22,21,4.
Carlyn mccabe
union city,#2Consumer Comment
Fri, March 30, 2012
Hi Everyone: Ed and his staff at Ripoff Report worked very hard at reporting this traecherous horrible Scam: Anthony pleded Guilty, I am asking on behalf os all of us who were scammed if the Government can please step up and help us?
Many of us are being tretaed as defendants,some lawyers are complaining they have not been compensated, in many cases this was contingency and the lawyer I had,he contacted me.
Some of the entities involved are offering 2500 to walk away from the properties involved,or we can buy teh home backa much higher price than we origianlly paid.
We were scammed just like the banks,Anthony shared the proceeds aka 31 milllion dollasr with the straw people and also we paid rent,closing fees and now we are the bad guys.
Some lawyers are askiing we borrow money from a rich relative,we were in foreclsoure to begin with,so we are not credit worthy.
Can't we get a bail out ? The banks did. Barack Obama gave General Motors a second chance and look where they are now!
Instaed of treating us like criminals and dead beats,why not give us that second chance? We paid DeMarco and title companies ,I know we would all pay back our Government.
Please don't let the banks charge us all over again for the homes we put down payments on,don't ask us to accept 2500 for homes we put down payments on and all the equity was stripped.
Why are we being treated like this? Is it becasue we are poor and we are not being looked at individuasl who were scammed and some think we got over?
We did not,we pais DeMarco,he kept everything: Investors have filed Bankruptcy and Foreclosures on these homes.
United states Government,all honest entities adn lawyers: Please don't allow this to happen: Please remember these are the homes we worked hard for,put down payments on them.
To offer us 2500 or to buy back our homes at an elevated price is so sad. We all want to ahve that opportunity to finish living 'The American Dream" Bail us out,we will pay our Government for sure.
We were scammed just like the banks:" Help us Please" Ed and staff once again we thank you and your staff for providing us with this site.
Help is needed I am sick and stressed and I am sure all of us would like to get back our lives: Bailout needed so we can pay a mortgage again and not be sick worried unhappy and scared.
Please Help US??? God Bless everyone and Thank you Ed and staff.
Carlyn mccabe
union city,#3Consumer Comment
Wed, March 28, 2012
There have been reports from victims of this scam since it all began,so many have gone thru h**l:
Valerie,Kim,Angel,Mark,Amy families have been hurt,there have been suicides houses have been burglarized,homes have mold and 31 million dollars was stolen from Foreclosure individuals:
These transcations as reported by Ripoff Report were performed at Title companies,loan officers and in some instances the notaries from the Title companies bought the foreclosure individuals to the closings,the notaries were involved made phone calls for DeMarco,conferenced us on 3 way calls to DeMarco and his cohorts.
These notaries knew thet the Hud docs were fraudulent: The Hud docs had all fraudulent numbers :Example cash to seller:180,000 ,some of us received nothing: Amy was told she was doing a refinance,her home was sold ,not refinanced and I don't believe Amy received a cash out.
Kim another individual and survivor of Thyroid cancer,paid DeMarco a fee,was told by Anthony they were setting aside funds for her children and one day the sherriff came to evict her.
"DeMarco Pleads guilty "all over the newspapers ,31 million dollars stole from homeowners,Temporary injunction placed on homes,mediation in some cases still going on.
The banks,The lawyers, The Mortgage Comapnies all look down on us now: We are lucky to still be in the homes,we should have saved money,we are not credit worthy.
We were scammed just as the banks and Mortgage companies involved.
The investors/straw people involved in the scam were paid a fee for each home they pretended to buy: Some of these straw buyers worked for DeMarco and held high positions in the company.
We paid rent, the cash to seller on each transcation went to DeMarco,REI real estate.
The checks I paid went to DeMarco,Rei real estate, on the back of the cancelled checks were 2 or three diffferent account numbers.
This is disgraceful!! How can this be called Justice?? Investors gain a profit,title comapnies are allowed to commit fraud,all the TILA, and Respa get thrown out the window and we ,who were in foreclsoure to begin with,"as our lawyers repeatedly remind us" get nothing??
I would think once a defendant pleads guilty,that these big Title Comapnies owned by "reputable "
individuals would have some type of insurance to cover all this" fraud"?
Is this justice? Ocwen,llc can offer 2500 for a home that not only was rent paid, a 30% down payment was put down on this home. Demarco,Real estate investors kept 150,000 and I should go with 2500 or borrow money and I can possibly buy back for 278,000.
The amount owed on home was 172,000: This is fair,this is how our Justice System works???
Strange thing: The lawyer I" had,"who is no longer my lawyer : He contacted me,advised me there was going to be a" Big Whistle Blower Case" against Demarco,REI: All I had to do was speak on behalf of Saul Freedman,the loan officer who bought me to the "infamous Title company" I spoke on Sauls behalf to the Wage and hour bureau,I wrote a statement fo Saul and guess what?
Saul will not even speak to me on the phone,he hung up on me and Saul was one of the first and I believe the only who was compensated by DeMarco,Rei.
There has not been Justice served and I know many decent lawyers are out ther fighting for their clients: I am asking our Government and Justice system to plese get us some help,this scam went much farther than Anthony DeMarco and 3 cohorts.
Don't let the remainder of the white collar criminals get away with it because they be Reputable individuals who own Title companies.
I am trying to be as evasive as I can,however with the power of the First Amendment and Ripoff Report,I can speak as freely as I wish.
There should be compensation for the 120 who were scammed also: We should not be ridiculed and pushed aside by the banks just because Anthony and all his accoplices spent or hid the money.
We just want to whole again: An attorney told me :we can never be whole again: What i she talking about?? He ownsa boat,a big home. He is already quite whole.
The homes were stripped of equity, the investors were paid. The houses were paid off at closing.
There has to be insurance on Fraud of this magnitude.
We are all tired of waking up with that sick,queezy feeling,I can jsut about get through work without thinking of what happened to me with DeMarco.
I worked 30 years,I am back in school,I am trying to better myself,as many of are trying.
Attention Jsutice Departmnet,all legitiamte advocates and Officials : We are being scammed once again: White colalr criminals are still lingering and "Open For Business " don't let this happen to us :
Save us from the Streets: Don't you think we desrve more than 2500??
Don't you think after DeMarco and his investors committed fraud and kept all the equity we should be compensated in some way?? Or is Justice just for the rich and reputable??
Ed and Ripoff : My sincere thanks and gratitude,I have kept my sanity becasue of your site.I do hope we get some Justice.
God Bless America: I pray Justice will prevail for us: Valerie,Kim,David,Angel,Mark, (ripped off in Indiana,) Saul not Saul Freedman Saul who was ripped off of his settlement so Anthony could buy a Bentley,for the individual who took his life" I pray you are in a better place" and at peace.
For each and everyone of us who were scammed,I Pray and hope there will be Justice aka compensation for us.
I will write each day with my facts and I do have all pertinent documentation to everything I have written: Thanks Ed,the only one who has helped the Foreclosure victims.
Carlyn mccabe
union city,#4Consumer Comment
Mon, March 26, 2012
We all know Anthony DeMarco pleaded Guilty last week and the other three slugs, this was a white collar crime,there were notaries invoved,Title companies,lawyers, of course straw buyers.
What took place was horrible for some but not bad at all for others: We,the foreclosure victims have been labeled as lucky.should have saved money,were in Foreclosure to begin with, and most banks right from the start of the Temporary injunction did not want to help us.
Their belief was,since many of the straw buyers not only were paid for using their credit many of the straw people took out loans on the homes.
The banks want to punish us for this? Getting back to us Anthony DeMarco and his real estate investors not only charged us rent,they kept the proceed from each and every sale,120 in all.
Many Foreclsoure individuals received nothing.
DeMarco Real Estate Investors took out the biggest loan they could get on each property,most likely elevated appraisals ,which took place at various Title companies/
A payoff on a home would be 200,00,Demarco would get a loan for 365,000 after all fees to brokers,insurance,deeds etc 150,000 would be left on loan.
The Hud doc reads cash to seller 150,000 which was us aka the seller, insteas Demarco kept the proceeds,saying he would hold reserves for you,take a fee and in 1 year he would refinance you at a lower rate and you could be back in your home within 1 year with improved credit initiated ny Nu-Credit AKA non-existent.
Demarco lied about the rents ,when Saul and Eric came to my home I was told 1800,whic was a lot,at closing at a title company in Moorestown ,the rent escalated to 2900. I was not going to sign but was told I would receive a larger cash out to compensate and the taxes had escalated in union City.
My cash out was suppose to be 34,000,I received 17,000,paid 2900 for 5 or 6 months. I asked DeMarco about reserves and was advised could not give had to pay loan officer a large compensation and was setting aside a down payment.I was more fortuante than others,Amy and Kim were bought to the Title Companies and told it was a refinance and received no proceeds and others were just evicted.
Now if the banks want to be compensated which I am sure they will be,since DeMarco and Slime pleaded guilty,isn't their insuarance for all this fraud?
I maen it took place at Title Companies!! Is it fair that we" Lucky Individuals" are offered 2500 or we can buy back the homes at almost double the price??
Should we really be treated this way due to this "Big Scam" Attorneys,who were suppose to be represnting us compalined they did not get paid: Yet the attorney in my situation contacted me and said "Contingency Basis"
We were ripped off on everthing: Title fees were over and above, which we paid for. Rents were double the mortgage and the "icing on the cake" the proceeds from all these sales went to DeMarco.
These reputable notaries and title agents could not figure this out?
In reality the straw people did allright: They were paid for lying,than some received loans,than when DeMarco stops paying the mortgage if he ever paid one,the strw buyer gets to file Bankruptcy,Foreclosure and he is" good to go"!!!!
Now back to us the "Lucky ones " : Someone buys our home and charges us rent,they set up a reserve account and have 150,000 from the sale of your home.
You pay this large rent ,you have reserves and in 1 year you are going to get a refi at a lower rate.
This would have been okay,but everything was kept.
We were Frauded and Scammed just like the banks and everyone else and everything was taken,rent,equity,.
Where is some help for us?? How is this fair?? Those 3000 to 4000 dollar rent swere suppose to be an ecsrow account and since we were scammed this way,why are we being treated like criminals?
Where are you? All of you investigators from Hud and FHA? Why did all this money and fraudulent activity go on at Title Companies? I don't get it we are being traeted like dirt.
I have contact with some of DeMarcos victims and I am good friens with her, her husband suffered a heart attack at 38 years old,the day after DeMarco did not show up at court.
He is alive but out of work.
Don't you think I would have kept that 17,000 instead of giving it to DeMarco,Real Estate Investors?
I was working part time and paying 2900 a month rent,plus all the upkeep on the home,at least I would not have gave everything to DeMarco,real Esate Investors.
There was no trial for us,there are criminals who are still at lodge. 31 million dollars was scammed from 120 homeowners: Suicides,Deaths, Homes vandalized and we are offered 2500 or buy back your home and get the loan from a rich relative: We,the Banks just want more and more and more!!
So as I have a big knot in the pit of my stomach,because at 59,my American Dream has turned into my Worst Nightmare; I can only appreciate and Thank Ed Magedson and his Staff, without this site where would we be???
United States Justice Department: Please I am pleading on behalf of each and everyone of us: Justice has not been served,there are still criminals lurking and many of us are about to lose everything>
Thanks Ed,once again God Bless America! We ceratainly need it and I hope Justice will be served!
Carlyn mccabe
union city,#5Consumer Comment
Sun, March 25, 2012
Today is Sunday,March 25 2012: DeMarco pleaded guilty,as many newspapers reported DeMarco scammed 31 million dollars from used to be homeowners,read the ripof reports,there were many participants who were paid off by DeMarco and were investors as well. Biana Tsepenyuk was a prime investor and Is the former Mrs. DeMarco,she is now all over Philadelpia as the" Philly Fashionistata."
Quite Amazing,DeMarco and his slime get all our equity,straw people get paid off and we get offered 2500 but we can buy back the homes if we like for double the price,and since you are not credit worthy maybe a rich relative can help you out?!
This is Justice? Title comapanies who particiaped are also getting away with there part in the scam simply because they are owned by "reputable individuals" I'll leave it at that. Kristen,a notary at this title company picked up some of the foreclosure individuals and bought them to the title company,this title comapany has changed their name to Land Transfer.
This is not Justice!!!! What about Saul who sent a checj of 255,000 to Demarco to pay off his mortgage and DeMarco purchased A Bentley??
Where is justice for all of us: This is how our Government operates? Why are we being treated this way? We are not credit wortyh because we were in financial Hardship to begin with: A bunch of white collar criminals take 31 million dollars collect rent and nothing can be offered for us.
We did pay rent over and above oor mortages; Mr. Demarco,the biggest slug,was holding reserves for us aka proceeds from the sale of our homes: He kept it. we would have been better off selling the homes tahn with the proceeds we could have purchased a new home.
This is justice? Homes are now ruined with mold and water : All of us are in limbo,no respect for us,
"Lawyers" supposedly representing us talk down on us: Reminding us we did not pay rent after DeMarco took rents of 3000 and more and than kept all the equity.
There has been so much fraud involved in this scam and now we the foreclsoure individuals are being traeted the worse!
Documents from Ocwen don't even have to have the correct information.Why no HAMP type help for us? What happened to helping individuals who were stripped of everything when they were only trying to "Save the American Dream" which has now turned into our "worst Nightmare"???
Ed and staff once again we thank you,Ripoff Report helped get these slugs behind bars and convicted: Lets see if the foreclosure victims can get some kind of assistance to become normal again instead of being treated like Dirt.
Ripoff Report we love you,the only help we have at this point.
Carlyn mccabe
union city,#6Consumer Comment
Fri, March 23, 2012
Anthony DeMarco and 3 others pleaded guilty, after stealing 31 million dollars from 120 homeowners,who were suppose to be getting help, so we did not" lose "the homes,we are now the defendants: Homes get looted,dangerous mold,Strawbuyers get away" scott free" after getting paid to "buy the homes" rents get paid,equity gets stripped: The list goes on and and on: Title Companies owned by reputable individuals are also allowed to get away with fraud.
As a matter of fact,the laws of TILA and RESPA are not applicable for these title companies: As the story goes it depends upon "who you are and who you know". So now the banks just want to make more money,sell back the homes to the" lucky use to be homeowners " or we can have 2500.
I just don't get it : We were in Foreclsoure to begin with but a criminal robbed us of thousands of dollars ,than charged rent,than the straw buyer gets a pay off and we are lucky??
Whne a crime of this magnitude is committed isn't there" insurance or something?"
Why won't someone Help US ?? Would it be so bad to give us a Fresh Start? We would only be too happy to get the opportunity to pay a Mortgage again, there all all these low rates.
We are not credit worthy,give us the chance to get our homes back that DeMarco and the slugs stole.
Only the banks and Title companies are being considered instead of these rich banks complaining , why not help us?? Our Government gave millions of dolllars and tax breaks.
Now the banks are looking to make more money on the homes: Can someone Please help uS???
If the home gets looted and there is dangerous mold,Why can't our Government take care of it.
I think we should get that second chance.
DeMarco took from us just as he took from the banks,some of these banks were shut down.
Why do we have to buy back these homes?
This is not Justice for us, Please someone help organize a Government plan for us.
If Demarco,real estate investors did what they were suppose to ,we would not be in this awful state right now.
Can somoene please help us????
Thanks Ed and staff for coming through once again: Ed and Ripoff help put DeMarco away,maybe if all of us who were scammed keep on reporting someone will come to our rescue?!
Ripped off in Indiana
Crown Point,#7Consumer Comment
Thu, March 22, 2012
On March 21st 2012 Justice was partially served when the third cockroach in this scheme pleaded guilty. But what does that mean to us? Some of us have had their homes pillaged and looted, and what does the bank say....."you don't think we are going to pay for the repairs are you?" Yes, DeMarco and his henchmen will be spending the rest of their natural lives in prison.....but they guy had enough BS to take someone's payment of $245,000.00 that they paid him to "buy back their home" and went out and spent it on a Ferrari...... what a Bass Turd! Here is a copy of the story.....
http://www.timesherald.com/article/20120321/NEWS01/120329887/0/NEWS05
Carlyn mccabe
union city,#8Consumer Comment
Wed, March 21, 2012
Every day since March 8, I wake up with a pain in the pit of my stomach. I actually dread the day since I don't know what surprises from Ocwen or their attorneys will be coming in the mail.
This really Sucks!!
Anthony DeMarco and 3 other slugs pleaded guilty to Money laundering,Fraud,Conspiracy 15 counts in all DeMarco and the slugs sentencing will be June 21,2012. Total amount scammed from Homeowners and Banks 31 million dollars.
The article states all equity was stolen from Homeowners,however lawyers and banks don't see it that way: The banks and some of the lawyers consider us lucky because after Demarco and the straw people were paid off,kept all our equity,collected rents,we the homeowners that were just scammed didn't have to pay rent.
We did pay rent and the proceeds from the sales of our homes was kept and divided among Demarco,his 3 main slugs and the straw buyers.
How could we pay rent, if Demarco kept everything and if any cash back was given Anthony took it back. The rent he charged me was 2900, he took back the 17,000 cash out he gave.
Lets put this into Perspective: You sell your house to an investor, he sets up a "reserve account" for you,charges you rent 1000's of dollars over your reserves,when you ask for reserves from the sale of the home ,DeMarco tells you no longer available ,he had to pay loan officer and other lies.
So now not only did we pay rent for homes taht belonged to us,the proceeds went to the straw people and DeMarco,Real Estate investors.
Many say we should have saved a lot of money,we were not paying a mortgage ,and as Ocwen and many of the banks are saying"We were in foreclosure to begin with***
Yes this is correct, and we had lost jobs,or change in income, illness in family, so some white collar criminal not only takes rent from struggling homeowner he keeps the proceed sfrom our homes.
If the lease buy back was done properly none of us would be in these predicaments: Think about it 150,000 profit just from the sale of my home,if DeMarco charged a rent of 1000 dollars and gave each of us 50,000 he would have still gained and we would have been back on our feet.
This would have been like a refinance.
Now,The homeowners are being treated as defendants,we are being offered 2500 or an opportunity to buy back our homes well over what was origianlly owed.
Quite an insult after we put down payments on these homes and a bunch of white collar low life slugs can get awy with taking awy our homes!!!
A lot of lawyers "also Suck" they lie especially when they need you to testify on behalf of one of their other clients,once this is done,they put you to the side aka " not returning calls".
The good lawyers are far and in between like finding" Gold" in the DeMarco scam I know of one good female lawyer. I lost out,but her clients may do allright.
So I ask U.S. Government: You really think justice was served for us?? 2500 or buy back your home for 100,000 more than you paid?
Do you really think we are lucky? When you get the opportunity read the Philadelphia Inquirer 31 milllion dollars stolen from homeowners and banks.
One last thing: The original mortgages were paid off on thes homes: The new mortgage comapny was defrauded. Tbw the entity holding my mortgage was shut down,and I am sure these entities have insurance for this type of crime.
So ladies and Gentlemen" This is our new Justice System,Only in America" Can you get scammed out of your
home,investors get paid for particiapting in the crime, all the crimainals share in the proceeds from our homes and we can take 2500 or buy back our home.
Where is Justice for us? How can this be fair???
Ed and staff once again we all thank you: You all did your job,posting all the RipOff Reports "lets see if there will be a bail out for us." Or will we be continued to be treated like criminals.
God Bless all of you, we certainly need it. America sure has changed, straight to the calling centers in India!!!
"
Carlyn mccabe
union city,#9Consumer Comment
Wed, March 14, 2012
First I am so very sorry for what you are going through: What would we do without Ed and Ripoff Report? I have already sent my attorney a "Good bye letter" the basic Thank you but no thank you**
I have written to congress,the justice department. Why this is happening is beyond me!! To date I ahve received no response. I will wait and write again. I am shocked this is going on,Anthony and his slugs managed to get all the way to Indiana.
I am hoping Chase offers you a lot more than what I was offered. I thought we were all going to get help,I have lost confidence in our Justice System. A lot of the individuals involved in the scam in New Jeresy are quite prominent I fear this is why it is being "pushed under the carpet ". The attorneys are arrogant,crooked,and rude.
They think we are dumb. I will keep writing and writing ,I feel as though I am taking advantage of Ed and his staff.
This is all about money: The banks and mortgage companies were paid at closing,the banks that gave the loans were scammed along with us but I am sure they are insured!!
Noone is taking into considertion the closing fees,the rents, and most of all the equity stripping that was done.
The banks are not even considering the pay offs on the homes and they are asking for well over what we paid for them.
It is sad wht is being done to all of us: We elect all these officials and big banks and crooked lawyers treat us like we are nothing.
I am so disillussioned,I cry for all of us. The banks are ruthless and our Government is letting this go on. I will vote for no one at this stage of the game.
I have my work cut out for me; Good luck to you,I hope you do better than me.
I would have lost my sanity a long time ago had it not been for Ed and his staff.
God Bless and Good Luck.
Ripped off in Indiana
Crown Point,#10Consumer Comment
Wed, March 14, 2012
To Carlyn,
First of all, please make sure you are aware that you do not have to accept either offer from the bank. You have the option of filing suit against the bank. I will say this, at least you have gotten to the mediation process. We are still sitting here with Chase Bank flying in the wind like today's laundry!
I would say this to you, in my opinion, the lawyer representing you isn't doing their job. To not council you on your options other than taking the pay off or finding a rich relative, they should have brought to your attention that you have been victimized and you have more than the right to compensation. You also have the right to appeal the mediation as according to court documents, the mediation is not binding. Best of luck, keep up the fight!
Carlyn mccabe
union city,#11Consumer Comment
Mon, March 12, 2012
Good Morning; This is Amy one of the 120 that was scammed by DeMarco,Amy's situation very similar to mine,equity stolen,home stripped of equity,fraudulent paper work,etc.This being stated the mediation took place for my home Friday,March 8,2012,I did not get to particiapate in the mediation though,my attorney called me back after it was over. This is what Ocwen is offering,2,500 to walk away from the home or find a rich realtive that will lend you money to buy back your home. I was also advised that in July 2011,Ocwen did a credit report on me and I was not credit worthy.
I have been lied to,It is a disgrace that this is what is offered after you put the origianl down payment on the house,the pay off on my home was 172,000 ,the loan obtained was 365,000,the cash to seller was 150,000 after all closing fees to attorneys, fee to Mortgage broker Global Mortgage,fee to TBW which was shut down by the FTC.
Rent of 2900 paid to DeMarco,REI real estate investors and I am offered 2,500 I am losing sleep and getting very sick over this, I thought the Government was trying to help and they are allowing this fraud to go on. I may be some poor unfortunate who experienced some financial hardships but as an American I have rights just like these banks and fancy lawyers, I have documentation and cancelled checks and I will go to the White House court house steps with every document I have.
I am hoping that the other 119 home owners were offered something better than this. Why is our Justice system alllowing this to happen. Banks and mortgage comapnies have insurance for this fraud and we are offered 2500 or we can buy back the properties???
Why are these investors getting aawy with this.Where is Justice??? What kind of Judicial system do we have in America.
What good are lawyers and what good does it do vote for congress and President of the United States if big banks are allowed to do this???
What happened to a real honest attorney, I will take off a week from my job and sit on the court hosue steps!!I want some one in authority to go over every unnotarized documant every fee and I want some justice I may not be a rich executive at Ocwen but as a citizen I will not be lied too.
So once again Ed and your staff Thank You for posting this. I am getting very discouraged with the way our system works,not fair our homes get sold,the mortgage comapny gets paid off,all kinds of fees, 43,000 went to the investor who files Bankruptcy and I get offered 2500 or borrow money.
United Staes Government : Look into this,Please this is wrong,I will be mailing all my documnetattion today and I am also calling to get a meeting with an official who can see all my documents and come up with something on why this is being allowed in the United States.
Amy I hope you got a better offer than me. Once again Thank you United States Government.
Now I know why the mediation was done telephonically we the use to be home owners were getting absolutely nothing. Just peasants about to be screwed by Ocwen.
Thanks again all of you , for helping to save our homes.
Ed I am not patronizing you or your staff: You guys are helping all of us keep our sanity and at the same time we are getting the word out.
HELP Don't Let these banks do this to us .Please Help. This is a crime what was done to us,you come with the remarks we should have a lot of money,waht about what was taken, stop doing thi sto us because we are not rich banks. We deserve something after all this fraud.
I am not stopping until each and every form and document is looked over by Hud and,just like the banks want a bigger portfolio and want to evict us ,I as a citizen want some Justice, We may not be big banks, but we are human beings and don't deserve this!!!
Is this a new plan you get scammmed out of your home,everyone gets paid off,you have to buy it back or take 2500 and walk away??
Oh yes this is is what America is all about. This is downright despicable and unbelievable yet it is going on right in our Justice System, No one cares about the little guy,Lawyers lie, we are doomed.
Why even have a Justice System?????
I have had it I wil go to every Government agency with all my documents I have each and every documnet from lawyers,straw buyers, foreclosure summons, Bankrurtcy documents. This type of treatment is unfair.
One other thing since so much of this was a scam and a fraud why not just offer a plan so we don't lose these homes to corrupt banks, Our Government has provided many of these bank swith millions of Dollars.
Stop ignoring us ,we are not rich politicians or banks but we are the individuals who keep you in business ,THE CORRUPTION MUST STOP****************
Carlyn mccabe
union city,#12Consumer Comment
Wed, May 18, 2011
Amy was hoping to get 40,000 to get back her life instead Amy like all of us was who were scammed by DeMarco is hoping the Government can help us get back our homes. while Biana the Fashionista of Philadelphia lives a lavish lifestyle with proceeds from her involvement in the scam ,Donna with her fancy art collection and homes ,Tripper ,Matt,Buzz and yes some of the straw buyers are living a stress free life with the monies they received from scamming us.
For the banks and mortgage comapnies involved "please understand many of us gave Demarco rei large rents though we were promised an escrow account was being set aside it never happened instead everyone involved Title companies,some straw buyers all got a pay off and now we are left with homes that are now owned by the straw buyers. some of the individuals scammed by DeMarco received nothi money at all paid rent and were evicted.
There has been many tragedies throughout our country,floods,hurricaines and the financial meltdown die to slugs like Demarco makes the Government jobs much harder. I am just asking for a hardship loan so we can get back our homes.
we do not deserve to lose these homes because of criminals such as Anthony,Biana,Donna,Tripper and the rest of the slugs.
Anyone who can help us achieve a bailout loan so we can go with our lives ,this would be most helpful. We gave money to Anthomy Demarco and the slugs,Anthony is behind bars but there are still slugs lurking aka Biana,Donna,Tripper and many strw buyers also made out on this scam.
Banks,Mortgage comapnies once again Garden State land & Title may have information regarding the money involved,this is where many of the closings took place and we also paid large fees to Garden State Land & Title company.
I would like to take he time to thank Ed Magedson and Rip-off for exposing this scam and helping the Fbi and thE U.S. Government put away Anthony Demarco the chief slug along with 3 other slugs.
Carlyn mccabe
union city,#13Consumer Comment
Wed, May 04, 2011
A great service was done by The Fbi,The United States Government and last but certainly not least Ed Magedson and the awesome staff at Rip Off Report. We are so grateful justice was served but now we are going to need a Hardship Loan so we can pay a mortgage once we get back Title to our homes.
The complicated and sad thruth is that all of the individuals who are involved in this Scam were in financial hardship when this scam started,Demarco and his slugs kept our equity along with charging us rent in some instances double our mortgage.
It is most important that the banks undersatnd our money was stolen,the mortgages acquired on the homes were also double of what we originally owed. This is why we need a loan so we can pay the Government back and become whole again.
The straw buyers though some truly wanted to help the forecloure victims,some of them acquired loans on our homes and also received rents , this is what must be condidered. Many of the banks and Mortgage companies involved are now closed by the government ,TBW,Indymac,FSB, and others. We deserve assistance so we do not lose these homes.
I am pleding to Hud,the Fha do not let our homes be sold,a second chance is what we deserve,our money was stolen,our equity was stripped ,we would definitely pay back the Government.We are not rich like banks,but we paid Demarco back and it was our equity that he kept and money that he stole : Banks help us get back our homes,we will pay back the loan ,please we do not want to lose these homes.
Tahnk you Fbi,United states Justice Department for capturing these corrupt individuals,I am pleding on behalf of us all for a bailout loans so we can pay a mortgage again and get back our lives and the American Draem.
Thank you Ed Magedson and Rip Off Report you made the capture of DeMarco and the slugs a reality,we all appreciate and thank you for your site.
Carlyn mccabe
union city,#14Consumer Comment
Thu, March 31, 2011
The FBI,along with Ripoff Report and the U.S. Government served justice for all scammed by DeMarco,Rei and his slugs. This is a great relef however some of the banks involved are not willing to help the foreclsoure victims,their point being we had no fmoney for a mortgage from the start.
I am stressing this once again,we gave Demarco,Rei money to stay in our homes in addition all the proceeds and any equity also was forfeited to DeMarco and slugs,many of the investores aka strawbuyers were compensated with the proceeds. This is very similar to "being robbed." There are title companies who should be held responsible since all the money transactions took place at Garden State Land & Title and Search Engine to name a few.Why can't we get back some of the proceeds thatt was stolen from us.
Many of the investors received 10,000 for each transaction (sale) they were involved in it makes no sense that we in foreclosure should lose. "Please banks,Justice Department and Title companies try and look at this from our side ,we were trying to get out of Foreclosure instead DeMarco and many of the strawbuyers made money and we are left wth the homes in forecloure anyway and all equity has been stripped.
I sound off a lot on Ripoff Report but while we all appreciate the fact that DeMarco and some of the slugs are in jail ,our homes should be saved,our equity was stripped,we paid rent,closing fees we were trying to save our homes." Please a Bailout is needed"
This would be a win situation for all ,becasue the money would be paid back.The strawbuyers aka Biana,Donna,Tripper,Buzz made a lot of profit on our homes,they shoul be held responsible too. Once again thank you Ed and all the staff at Ripoff Report and thanks to the FBI for catching the low life slugs.
Banks,Title companies ,Hud,Fha plese help save our homes,you are our only hope.
Carlyn mccabe
union city,#15Consumer Comment
Mon, March 28, 2011
Attention all Demarco slugs : Now that Ripoff Report has exposed all of you and the FBI has arrested your former boss our money was stolen by DeMarco,Rei many of you were involved in the alleged scam and made lots of money.
It seems like Donna,Tripper, Biana just to name some were involved in many of the transactions which means you have money from closings ,rents, properties you sold etc,etc,etc.
This being mentioned why don;t you give back some of those millions??
Anthony DeMarco purchased a Bentley a Ferrari and had a great B'day celebration at the Bleu Martini but that did not cost 11 million and the total amount stolen in the alleged scam was 31 million dollars.
The banks want back these properties you made millions of dollars and we also paid DeMarco large rents ,title companies received large fees from us.We need help to save us so why not come clean why not sell some of your assets?
You are all slime and we do not deserve to lose our homes after all we paid to try and keep them fraud and forgery was committed and you won't get away with it.
Thanks RipOff Report, for all the banks and mortgage companies before you let our homes go into foreclosure and Sherriffs Sales check with Search Engine,Garden State Land and Title and find out where our proceeds went,This is not fair and I hope Hud,the Fha and our Government will help us save our homes.
Thank you Ed and the staff at RipOff. Your site is awesome and helped get DeMarco and the Slugs.
Carlyn mccabe
union city,#16Consumer Comment
Sun, March 13, 2011
The United States Government all all the branches including the FBI,The Banking Department,The Postal inspector,the Justice Department and last but not least Ripoff report and Ed and his awesome staff put Demarco and some slugs behind bars.
Now the banks are turning their backs on the Foreclsoure individuals on the basis we had no money to begin with so we have no money now to pay a mortgage,this is not fair DeMarco along with Garden state Land & Title,Search engine and any other title comapnies involved charged excessive closing fees,rents 1/3 over our original mortgage and also kept all the proceeds from the clsoings,the closing documents (Hud) stae the proceeds went to the foreclsoure individuals and insttead the noney went to Demarco and his affililiates.
What is needed is for the title comapnies involved should also take some responsibility after all forgery, documents being notarized and our money going south does not add up and we should not lsoe our homes.
Biana,Tripper,Donna,Buzz own all kinds of rael estate and they are just as guilty as their boss Anthony and the rest of the slugs,yet Biana has a fashion website?? Regarding the Starw buyers aka investors,the bank has mentioned taht many of the straw buyers received payments in excess of 10,000 plus borrowed estar money on the loans, this would meant taht the investors not only received a pay -off But borrowed money on our homes and tahn we apid rent!!!!
Please can something be done to help us,we paid a slug like DeMarco,we would pay back the banks and at least we won't lose what we put so much into that was stolen from us.
Last but not least DeMarco is right wher he belons but ther was 31 million dollars stolen,banks were swindled,everyone involved in this corrupt scam should pay not just Anthony DeMarco. I hate what Demarco did to his employers,the foreclsoure individuals and most of all I am hoping Justice will be served for all of us ,I am hoping for a bail out loan so we can get back our homes.
Once again thank you Ed and all of you at Ripoff Report also tahnks to aeach and every bransh of the United States Justice Department for getting these slugs off the streets .
Amy Deeks
Parsippany,#17Author of original report
Mon, March 07, 2011
I am usually an understanding person. But not for these inhumane - uncaring people. I personally home the DYFUS see's all of this and realizes that she does not deserve her children either. She is a criminal as well as the rest of them. She is probley still making money off of our homes. Her every license should be revoke. And she should b in jail. And the children should have a chance to be people, without the influence of criminal parents.
Please someone, step in and save those children!!!!!!!!
Amy Deeks
Parsippany,#18Author of original report
Mon, March 07, 2011
To All that have been scammed by DeMarco or OPM. The FBI and the Attorney General is involved in this case. They have now put a freeze on selling of the homes, including mine. You should all call the District Attorneys office in PA. They went to court on 2/2/2011 to keep the stop of selling inforce. My understanding at this point is they are going to be speaking to the people that on paper still own our homes. Then with the mortgage companies to try to work things out with us. The more we write and call the more they can help us.
U.S Department of Justice
United Satates Attorney
Eastern District of Pennsylvania
615 Chestnut Street
Suite 1250
Philadelphis, PA 19106
215-861-8200
Ed if you would like to talk to me. Can you e-mail me and I will send you my #.
Thanks for yo help as well.
Amy Leigh D
I am keeping my faith and hope!!!
Carlyn mccabe
union city,#19Consumer Comment
Sun, March 06, 2011
As Anthony DeMarcos' criminal trial approaches,the fate of the Foreclsoure individuls is getting closer. The banks are over looking the fact that title companies such as Search Engine,Garden State land and Title gave closing proceeds to DeMarco and the Slugs,rent was paid to DeMarco and many of the investors aka "Straw buyers".Some foreclsoure individuals lost more than others namely Mr.Saul and his wife, after a law suit was settled Mr.Saul wired a payment to Demarco to get his property back instead Anthony Demarco purchased a Ferrari for 242,000 !!! Unbelievable as this sounds this is Fact.
Carlyn mccabe
union city,#20Consumer Comment
Fri, February 25, 2011
The First Amendment is very powerful and thanks to Ed Magedson and Ripoff Report we all get the right to exercise it ,in the case of DeMarco,REI the consumers prevailed and Anthony DeMarco one of the biggest slugs was caught.
I am still amazed though at Biana,the former Mrs.DeMarco ,Biana was involved in at least 5 or more of the transactions aka "Scam" which makes her an just as guilty as Anthony DeMarco. Biana while you are giving advise,going to fancy events and eating steak dinners many of us are struggling and wondering what is going to happen to the homes involved in the "alleged scam". I imagine you don't have a conscience or care ! ?
While you are giving advice on what boots and belts to wear,those burned by the scam are wondering whats going to happen to their homes,we are also thinking about the millions of dollars that was stolen and shared among certain strawbuyers/investors ,we are also wondering about those reserves that were being set aside so we could get back our homes and last the thousands of dollars that was paid in rent along with the proceeds from all the closings.
This brings things back to the banks and title companies :For any of the foreclosure individuals who received money from DeMarco,REI it was given back to DeMarco for rent and than the six figure proceeds were some how transferred to DeMarco,REI by numerous Title Companies.
So Mr. Bank please consult with these Title Companies they know where the money went,the money need to be found so we do not lose our homes andit was stolen from us. Isn't this adding insult to injury? Demarco keeps six figures from all the closings than collects rent and the foreclosure victims are the" Bad Guys"??
This is sickening a total of THIRTY ONE MILLION DOLLARS has been stolen from individuals,The United States Government is trying to help the Forecloure individulals and Biana is giving fashion advice eating steak dinners and going to events for the" very rich and famous".
Biana is not the only one enjoying life,there is Buzz,Tripper,Donna , Matt, Garden State land and Title,Kristen the notary . The list goes on and on and all we are asking is where did the money go ?? Why are so many others who are benefiting from this corrupt scam allowed to enjoy life so much???
Please help find where the stolen money went so our homes can be saved and we can get back and live the American Dream.
Thanks Ed and Ripoff Report I am grateful for the First Amendment so powerful with the Internet!!
Carlyn mccabe
union city,#21Consumer Comment
Fri, February 25, 2011
The staff at Ripoff Report documented every treacherous act that DeMarco and the Slugs commited against the individuals in Foreclosure,employees and some of the investors aka as 'Straw Buyers."
It is most upsetting when I read news articles that the banks do not want to consider helping the Foreclosure individuals since we were in Foreclosure to begin with and how would we be able to apy a mortgage now?? Do the banks comprehend what happened?! we not only paid DeMarco,REI but they also kept the proceeds from the closings.
As you can read from Amy's scenario,Amy did not get any thing and her investor was also scammed. It is my understanding that some of the Straw buyers received large sums of money while others were trying to help and now have ruined credit.
It is not fair that these investors who are now rich should be getting away with stealing and ruining the lives of individuals who were trying to keep their homes. 31 Million dollars,120 homes,how sad and horrible this scam is.
I am just asking for some justice so we don't lose our dignity and our homes.The FBI ,The Banking Commission we are all so grateful that DeMarco was found now we need a plan to get us back our homes.
We all want to live normal lives again and if the millions of dollars these low lifes stole could be traced ,justice would be served. I keep hoping there will be a Bailout loan for us, we would pay it back.
Thanks to Ed and the staff at Rip-off Report Justice was served. The FBI along with the Postal Inspector and the Banking Commision stoppped these Corrupt individuals. I do not understand how "Phillys Fashionista " can sleep at night,while Biana is giving Fshion advice many of us do not know what is is store for us.
Why don't you Slugs come clean and return the money to the Government so we can get back our lives!!!
Think about it You Slugs. Thank you once again RipOff Report and I would also like to extend my thanks and appreciation to the FBI.
Carlyn mccabe
union city,#22Consumer Comment
Thu, February 10, 2011
"The power of the internet " I cannot stress how important the internet was and is in stopping criminals right in their tracks and to be more exact the power of the Rip-off Report website.
Biana Tsepenyuk,the ex-wife of Anthony DeMarco has been keeping herself vey busy giving fashion and beauty advice on her own special website: This is really amazing while the victims of Demarco are awaiting their fate,Biana who was a straw buyer several times and the president of DeMarco,Rei is enjoying life,partying and giving fashion tips???
The Foreclosure individuals had all the equity stripped from their homes,there were no reserves set aside for them and in some cases they were also charged rent.
Yes,Anthony Demarco and 3 other slugs have been arrested but what about these other straw buyers aka Biana,Tripper,Donna ? The banks are looking to get back the properties because some of the straw buyers aka investors took out extra money on the loans.If this is true than these straw buyers stole money.
The banks have stated the individuals in Foreclosure could not afford a mortgage,so how can they afford one now? Attention we paid money to Demarco,Rei ,the closing documents state the proceeds went to the sellers instead the proceeds went to Demarco and the straw buyers
Demarco and his partners stole money and homes from so many individuals,these straw buyers that benefited from all these sales don't they have assets and money? If we could back those reserves that were set aside we would gladly start paying a mortgage again.
I just get upset when I read and see these things,This is not what the American Dream was suppose to be the good thing is there are still good guys like Ed and RIp-Off Report and the FBI.
Biana,Donna,Tripper aka" The Straw Buyers " I do not know how any of you sleep at night?!
Once again I thank all of the staff at Rip-off Report.
These strawbuyers have lots of money and assets while justice has been served and Anthony Demarco and the 3 slugs are in theie cells where they belong why are thes other crooks being glorified all over the internet??
It is not fair that the Foreclosure victims are going to suffer the worse,Biana,Tripper where did all that money go.Think abou it 31 milion dollars in loans and rents ranging from 2000 to 4000 dolllars ,there was a lot more than a Ferrari and a Bentley and that money is somewhere!!
So Biana,Tripper,Donna, Buzz where did those millions go??? Why don't you share a little so we can get back our homes ??? I guess none of you have conscience,you just don't care!!
I am still hoping for that Bail-Out so we can be home owners again and who knows if we get our lives back we could set up fashion websites and sell paintings.
Carlyn mccabe
union city,#23Consumer Comment
Fri, January 14, 2011
Ed Magedson,the staff at Rip-off Report and all the other Good guys from Department of Justice,the Fbi,The U.S. Atorney,The Postal inspector served justice and caught some of the slugs that swindled Foreclosure individuals,employees and the honest investors but there are still slugs lingering and enjoying the cash out from all the closings.
There are individuals who are very prominent and not stupid they had to know we were being scammed : The documents from the closing state we received six figures,the cash out from the sale of the homes,we did not but someone received the cash. This is horrible while Anthony and the other 3 slugs are in jail ,the other slime balls are enjoying a lavish lifestyle with other peoples money "OPM" is that what Demarco,REI's other comapny stands for?????
The individuals scammed by Demarco are worse off than ever because not only did Demarco get Title to the homes he also received large rents and the escrow he was suppose to keep for us was stolen ,so we paid rent and than our homes were stolen.
31 million dollars is gone and now we are left drowning,we want to be whole and not on the brink of homelessness,so Biana ,Garden state land & Title,Buzz,Eric Havkin why not give back some of what you stole??? It is not fair taht we are in this position while those involved are enjoying life so much.
We are not asking for much,Demarco,Rei was suppose to restore credit,give back the properties,hold escrow,instead this comapny ruined lives of so many.In the worst times you made things worse for the foreclosure individuals took their equity and left us looking like dead beats.
Biana Tsepenyuk,Kristen,Buzz ,Garden State plese help the Government find this money so we do not lose the American Dream we were trying to save. A lot of you are living in beautiful homes and own many comapnies so plese help the Government get back the money.The Government and all the lawyers worked very hard to catch these criminals why not help them get back some of the 31 million dollars???
Ed and Rip-off report again I thank you for your great website,It is satisfying that Justice was served and Rip-off Report help make the arrest of DeMarco and the Slugs possible. We thank you.
Come clean Biana,Garden state land & title comapny where is all that money from 120 homes????Don't any of you care or have a conscience???
Carlyn mccabe
union city,#24Consumer Comment
Mon, January 10, 2011
Rip-off Report and the h Fbi along with the Banking commission and the Postal Inspector stopped the corruptness of anthony Demarco and three of his partners AKA Slugs,but what about" The Others"???
Biana Tsenpenyuk formerly known as Biana DEMarco AKA Presient of DeMarco,Rei and than there was the infamous Grden State Land & Title company where many of the closings took place and for the record there is another title comapny at the exact location where Garden State Land& Title Company was this comapany is called Land Transfer,interesting to say the least!
I am stressing this because many individuals wrote on Rip-off the closing was at Garden Stae Land & Title,Valerie ,Kim & David,Angel & Mark,Carlyn so maybe Garden State can at least shed some light on where all the money went.
While Anthony DeMarco and his Slugs sit in jail,there are 120 people who have no idea what their fate will be ,but Biana and Buzz and Garden State Land & Title have lots of money and since many of the closings took place there and Biana owns and is involved in so many real estate transactions maybe these individuals and companies can help us get back our lives!!!!
Thanks Ed and all the staff at Rip-off I just want everyone to see all the reports not just mine,you see Amy has three daughters and was just trying to save her home that was in the Family for 100 years and wanted to send her daughters to college.
Carlyn mccabe
union city,#25Consumer Comment
Mon, December 20, 2010
The United States Government has caught and arrested 4 corrupt criminals who have destroyed lives and are riuining the American Dream for many individuals.
For Bank Of Amrica,Ocwen loan and all Banks& Mortgage companies involved plese have consideration and do not take our homes:Anthony Demarco as you can read from the reports stole all the equity ,chrged rent ,swindled investors,and in the end let the homes go into foreclosure.
The investors who extended their credit to Demarco,Rei are now financially ruined and these homes do not belong to them:What happens now the banks and mortgage companies are not getting paid,though we paid demarco rentsin many cases double our mortgages.Demarco said he was holding equity in an escrow accountinstead he bought Ferraris ,Jewelry etc,etc,etc.
My point is the forecloure victims are in the worse predicament now,the fact taht we paid rent andthe equity was stripped does not seem to matter.What is needed is for Hud,banks and all the Government agencies to come together;since our money was stolen a Government loan for foreclsoure individuals so we could possibly refinance and get back our homes.
We have no where to go,we were in Foreclosure to begin with than Demarco and his partners in crime give menial cash outs in some cases individuals received nothing and than as Amy noted in her report the mortgage went from 2300 to 2950 and Amy did not get any proceeds.
Mr.Ottino the investor in Amy's case was also swindled along with so many others.There is 31 million dollars that was stolen and all that is mentioned is Anthony Demarcos lavish lifestyle,there were more than 4 people involved in this scandal.The article in the news does not mention Garden State land & Title,Kristen the notary ,Eric Havkin,Jason,Buzz,Matt,Tripper just to name a few!!
I am quite sure that the 31 million was shared with these individuas,Anthonys' Ferrari is just what he took from a forecloure victim.The money is hidden somewhere.
Demarco must have assets such as a :Beautiful home and or many homes,I am sure Buzz,Jason Eric,Tripper have assets ,what about all of these slugs???31 million dollars is a lot of money.Plese help us so we do not wind up in the streets !!!
I am so thankful for the United States Government and Ed Magedson at Rip-Off report now I am praying a rescue can be arranged to make us whole again.we will pay back the government and this would save us from becoming homeless.
The homes involved in this scam were stripped of all Equity,The Hud documents were falsified ,forgery was involved .Thank you all for arresting some of the criminals but there was 31 miliin dolllars in loans stolen and millions of dollars in rent paid to Demarco,rei.
Plese help us get our homes back.Once again many thnks to the Unites States Government and all the Govt. agencies involved who caught these criminals.Tahnk you Rip[Off staff for posting all the facts.
Help is needed to save our homes.Thank you again for ,we have a graet Government and graet consumer advocates that stopped a few of the Slugs right in their tracks!!!
Merry Xmas and Happy Holidays to all!!!!
Carlyn mccabe
union city,#26Consumer Comment
Fri, August 20, 2010
This is for Amy and all of the other victims of these Corrupt Slug like creatures from hell AKA Demarco Rei.
Amy,Anthony Demarco and his partners in crime have made things miserable for so many of us, I have contacted the FBI,the attorney General,the prosecutor,it is hard to trust anyone ,you don't know who the" Good Guys " are if there are any!!
The only Good Guy for me has been Ed Magedson and Rip Off Report,I do not know what is going to happen next.The investor in my so called Foreclosure rescue is now broke and they are ready to take the home that i worked 30 years for.Demarco not only charged a rent of 2900 but also kept 130,000 which was the proceeds from the sale of my home.
I do not want to become homeless ,I do not want to lose this home.The question is will there be Help for all of us Scammed by Anthony DeMarco ,I have been pleading on behalf of us all.We are the little guys who were in Foreclosure to begin with,but there should be a Plan to help us.I have mentioned and I hope not in vain that many of us are in danger of becoming homeless and the Government agencies such as Hud and the Fha should step in.
We paid Demarco Rei huge rents,he kept proceeds from so many homes and now we are left with nothing, I hope we can get help.I went through the same as you,my rent went from 2000 to 2900.My investor was scammed and he is also Financially ruined.
I am a nervous wreck and so scared,the banks and mortgage companies just look at the mortgages that are not getting paid,but we paid rent and than our homes were stolen by Demarco and all these Criminals,Demarco received rent and kept millions of dollars.
I am not a mother but i can apprciate how you feel, you are trying to help your family instead you are swindled by Demarco,since 2008 my brother was killed in an auto accident,in Nov of 2009 my mom died of a brain stem stroke.This little house is all i had,this is where we spent many Holidays together,I will keep calling and writing and hoping fot that Foreclosure Rescue loan that can save the victims of Demarco.
You know a lot of the investors have ruined credit but we are about to lose so much more than the investors:The homes that we paid rent for and that are now getting ready to be taken away by the banks.
I feel as though I am in a hopeless situation,the little bit of cash Anthony DeMarco gave me I was foolis and paid the 2900. I had no idea what was about to happen.
Amy I hope you have been assisted,I will keep on reporting on Ed's Rip Off Site and hopefully we will get the much needed help to save us .
Amy I am praying for all of us,I hope you get your hosue back.Thanks Ed and all of your staff. Plese anyone who can Help read what Demarco did to Amy,Kim,Angel,Mark,David,Valerie.
If you are reading this and Demarco and his Slugs ripped you off,write on rip off and call the Fbi,the prosecutor.We have to get these criminals.
I hope someone is raeding thsi and can help us,it is not just me reporting,there is Amy,Kim,Angel,Valerie,David.There are banks and title comapnies,where did all the proceeds go.
Anthony started his scam in late 2007,it is now 2010 and we are all tumbling down to a Finacial Tragedy.Do not let Demarco Rei get away with this.
Carlyn mccabe
union city,#27Consumer Comment
Sat, April 10, 2010
Demarco Rei is not just Anthony Demarco,I am making this clear because there were title companies,mortgage lenders,and banks that were involved in this scam.
The clients of DeMarco Rei were obviously in foreclsoure and broke.Demarco rei promised credit repair,a refinance in 1 year,and reserves were being set aside for unexpected hardships,I was advised that 43,000 was being set aside for a down payment besides the 6 months of reserves.There were most likely similar promises made to all but we all know where we stand and what really took place.
This is where it gets complicated:Taylor Bean & Whittaker the mortgage lender on my closing docs has been shut down by the FHA,Indymac Bank a mortgage banker that also dealt with Demarco has had major problems,Flagstar Bank is being sued by one of Demarcos victims and the list goes on and on!!
I believe the banks,mortgage companies and title comapnies should have to pay ,they were involved in the Scam and are just as guilty as DeMarco,REI.Anthony DeMarco was the actor who came to "RESCUE" and SAVE OUR HOMES.
There has to be a law that can help us get our homes back,if the Government bailed out Gmac,why not bail out victims of DeMarco?The Government could give us a loan with low interset rate with this we could refinance our homes and get back on our feet,we would be paying back the loan and also fixing our credit.
Demarco and all his affiliates should have to pay a large fine for what they did,there are employees,investors, distressed homeowners all in a Financial Disaster because of this scam.
Last but not least many of Demarcos victims including former employees had the opportunity to voice how they were burned by DeMarco,this is because we live in America where there are consumers advocates aka Ed Magedson give us this opportunity AKA Freedom of Speech****
Thanks again Ed,and everyone at Ripoff Report we are so thankful for your site.
Carlyn mccabe
union city,#28Consumer Comment
Fri, April 09, 2010
Amy,
I have read your report I have gone through an ordeal much like yours,some of the 'CHARACTERS" names are different ,but the scam has put us all in this very awful position.
You are so right,but you should also contact the FBI,the Attorney General, I like all of DeMarcos clients (victims) was sold a scenario of reserves for emergencies,repaired credit and a very low rate to refinace within 1 year,instead my payment escalated from 2052 to 2900. I never got to use my reserves and I am in the same situation as you and many others.
I am so afraid and concerned for all of us,we were all obviously in finanacial distress and now we are worse off than ever,I am repeating myself but can Hud and the Fha propose some kind of plan to bail us out?
We deserve to get an opportunity to get our homes back.We want to try and save Our American Dream not lose it to racketeering and Corrupt Scam artist.
I can't stress enough how very helpful Ed Magedson and Ripoff report has helped me and other individuals,in these awful times A CONSUMER ADVOCATE such as ED is so very needed and appreciated.
Amy ,we all need some restitution so we can get our homes back and start paying a mortgage again,I am hoping the Government can propose a bailout for us ,we were scammed ,our equity was stolen , we need help.It is so unfair what Demarco Rei along with their accomplices ,loan officers, title companies have done to us.Please Help us we just want what was promised ,we do not want to become homeless.
Thanks again Ripof report your site has made it possible to expose these treacherous Scam Artist.
Amy make sure you don't stop with the prosecutor!