Brooklyn mortgage scammers found guilty
November 17, 2008 03:49PMThe owners of a Brooklyn foreclosure rescue company were found guilty late last week on charges of conspiracy, wire fraud, and bank fraud, following a 14-day jury trial in Manhattan federal court. Between September 2004 and April 2005, Andrea Moore and Michael Irving, who ran phony company Homes R Us USA, convinced distressed homeowners to sign over the deeds to their homes so they could have their mortgages paid for 12 months while they got their finances in order. The company took out large loans in the name of the homeowners and never made payments on the victims' mortgages, pocketing the money and allowing the homes to foreclose. TRD
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