Nevada attorney general says 3 men indicted in Las Vegas loan modification scam

By AP
Friday, January 22, 2010

AG: 3 indicted in Las Vegas loan modification scam

LAS VEGAS — The Nevada state attorney general says three men have been indicted on felony charges they operated a foreclosure rescue scam in Las Vegas.

Attorney General Catherine Cortez Masto said Thursday that 35-year-old Jason Todd Wilhite, 32-year-old Ronald Quilang and 50-year-old Benjamin Aquino Moraleda operated a loan modification business in 2008 called Rescorp Holding Inc.

Court documents say the business closed in December 2008. No current telephone listings were found Thursday for the company, Wilhite, Quilang or Moraleda.

The men are due for arraignment Feb. 3 in Clark County District Court on multiple charges of theft by material misrepresentation.

The indictment alleges Rescorp charged customers thousands of dollars for loan modification and document preparation services that were not performed.

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