Mortgage Fraud Defense

Posted on: July 8, 2010 at 10:27 p.m.

Since late 2007, the economy has hit such difficult moments that people are still thinking that we are in the midst of, or the beginning of, another Great Depression. Los Angeles Criminal Defense Attorneys spend more and more of their time defending people who are accused of trying to take advantage of such a situation. In fact, some legitimate industries, such as loan modifications and debt settlement, are being targeted by the California state government. People who are obeying the law, or who have to adjust to new laws, are facing an increasingly difficult time of late.

For example, some bad apples are making life difficult for so many others. Recently, two men in the San Francisco area were sentenced to 20 years in prison after being caught in a Mortgage Fraud scam. They claimed they could eliminate their clients' mortgage debts for a fee of $1,000 to $3,000. These individuals also insisted on acting as their own lawyers, instead of hiring a San Francisco or Los Angeles Criminal Defense Attorney. According to the prosecution, from 2003 to 2005 these two men recruited distressed homeowners from around the country through Internet ads and got them to sign letters to their lenders claiming that their home mortgage loans were actually illegal. When the lenders did not respond, they declared these loans paid in full and told the homeowners to arrange new financing. This Mortgage Fraud case left each man with more than 20 years of prison time and a $500,000+ restitution bill.

Clearly, this case demonstrates how vital it is for a defendant in any criminal trial to have a Los Angeles Criminal Defense Attorney representing them. The courts questioned the intelligence and the competence of these men, and yet still threw them in prison for over two decades each. While some homeowners may have felt taken advantage of, these men did not do themselves any favors by refusing hire adequate legal representation.

At Kestenbaum Eisner & Gorin, LLP, our Los Angeles Criminal Defense Attorneys can provide the kind of legal defense you need to avoid serious jail time in state and federal courts. If you or someone you do business with has been accused of Mortgage Fraud, contact our skilled, knowledgeable and successful lawyers today at 877-781-1570.

Tagged as: los angeles criminal defense attorney

Kestenbaum Eisner & Gorin LLP has been recognized as one of the best U.S. law firms, based on the experience, professionalism, and ethics of its criminal defense lawyers and attorneys. We aggressively defend clients in all Southern California courtrooms on state and federal charges, including DUI, DMV, misdemeanor, felony, juvenile cases, in the following communities and courthouses.

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