Houses stolen in mortgage fraud, indictments allege - Los Angeles Times: "SACRAMENTO -- Federal prosecutors today charged 19 individuals mainly from Southern California in an alleged nationwide mortgage scam that stole $12.6 million and fraudulently obtained the titles to more than 100 homes.
Two related criminal indictments accused Charles Head, 33, of La Habra, and others with targeting homeowners in financial trouble. The suspects allegedly utilized two real estate scams: the first involving a 'foreclosure rescue' pitch and the second using an 'equity stripping' technique that distributed e-mails and 'fax blasts' to brokers who sought help in finding potential victims having trouble meeting mortgage payments."
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Complete with mug shots.
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