Two Orange County men were due in a Santa Ana courtroom this afternoon on charges related to an alleged nationwide $6 million loan modification scam, according to the California Attorney General’s Office.
A third man accused in the alleged scam — King Harris III, 42, of St. Louis — is awaiting federal mail and wire fraud charges in Missouri, and prosecutors will seek to have him extradited to the Southland.
Christopher Fox, 37, of Laguna Niguel and Curtis Melone, also known as Curtis Kubat, 37, of Huntington Beach, were arrested Tuesday on 37 felony counts, including conspiracy, grand theft and unlawful collection of advance fees, according to the Attorney General’s Office.
The two are each being held on $500,000 bail, with arraignment scheduled this afternoon in Orange County Superior Court.
The three defendants worked for Orange County-based Green Credit Solutions, which was later renamed Guardian Credit Services and Get My Credit Grade. They are accused of collecting more than $6 million in upfront fees for services that were never performed.
The Attorney General’s Office began investigating the company in June 2009 after receiving numerous consumer complaints.
Thousands of customers paid $3,500 for loan modification services to reduce their interest rates, monthly payments or principal balance, according to prosecutors.
Loading ...
[...] from California …Two arrested, accused in loan modification scamCentral Valley Business Times2 Orange County men suspected in nationwide $ 6 million loan scamSouthwest Riverside News Network2 Calif men arrested in mortgage fraud probeSan Jose Mercury Newsall [...]
[...] 2 Orange County men suspected in nationwide $ 6 million loan scamSouthwest Riverside News NetworkBy City News Service, on December 7, 2011, at 2:11 pm Two Orange County men were due in a Santa Ana courtroom this afternoon on charges related to an alleged nationwide $ 6 million loan modification scam, according to the California Attorney General's …and more » [...]
[...] California-based loan modification company were arrested Tuesday on charges th more… Two Orange County men suspected in nationwide $6 million loan scam – Southwest Riverside News … – swrnn.com 12/07/2011 Two Orange County men suspected in nationwide $6 million loan [...]
[...] scamCentral Valley Business Times2 Calif men arrested in mortgage fraud probeSan Jose Mercury NewsSouthwest Riverside News Network -San Francisco Chronicle -OCRegisterall 33 news [...]