Truman Foreclosure Assistance, a South Florida mortgage rescue company that claimed it would help keep clients in their homes even if they were having trouble making mortgage payments, has been accused of simply taking their cash. Several customers said Truman took their money but did no work, and it looks like there may be little recourse for them. The company has apparently vanished from their North Miami Beach office building, the sign on their door is gone and workers at the building and customers claim they can’t find anyone from Truman or reach them by phone. The company has been downgraded to an “F” rating by the Better Business Bureau, with numerous complaints filed against them via the Florida Attorney General. [NBC Miami]

The first-time homebuyer tax credit may have been a little too popular, with many Americans so eager to take advantage of the incentive that they gamed the system. Almost $4 million in tax credits were granted to children as young as four years old, according to a CNN report. Some parents, it seems, applied for the first-time credit in their children’s names in attempts to work around the government’s income limits, which are $75,000 for single taxpayers or $150,000 for married taxpayers filing a joint return. Internal Revenue Service employees were among those who claimed credit they weren’t actually eligible for, the report said.