Calif. Accuses Lawyers of Scam in Bank Suits

Thursday, 18 Aug 2011 01:59 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

COSTA MESA, Calif. — California prosecutors have filed a major lawsuit against several lawyers and call center operators for allegedly running a nationwide scam to dupe desperate homeowners into paying thousands of dollars to join dubious lawsuits against the country's largest banks.

The complaint to be unsealed Thursday in Los Angeles County Superior Court accuses prominent foreclosure attorneys Philip Kramer and Mitchell Stein and at least 17 other individuals and businesses of luring borrowers into a scheme that falsely promised a cut of future settlements.

California Attorney General Kamala Harris was set to announce the case Thursday, a day after state bar investigators and state Department of Justice agents served defendants with copies of the complaint at nine locations in Los Angeles and Orange counties.

Calls to Kramer's office were forwarded to a state bar phone number early Thursday. Calls to Stein went straight to a busy signal.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

500 Army Majors to Be Axed in Latest Budget Cuts

Friday, 01 Aug 2014 22:39 PM

Pink slips will start going out next week to about 500 Army majors – including some on duty in Afghanistan – in the late . . .

Arizona Inmate Was Injected 15 Times During Botched Execution

Friday, 01 Aug 2014 21:54 PM

During the nearly two hours it took for an Arizona death row inmate to die last week, executioners injected him with 15  . . .

Report: California Teachers Among Highest Paid

Friday, 01 Aug 2014 21:00 PM

Teachers in over half of California's schools are paid an average $84,489 a year, a new think tank survey shows.
 . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved