Wednesday, July 16, 2014

AG sues state's largest foreclosure law firms alleging massive fraud - The Denver Post

AG sues state's largest foreclosure law firms alleging massive fraud - The Denver Post:

Is there no end to this sort of thing?



"Colorado's largest foreclosure law firms — The Castle Law Group and Aronowitz & Mecklenburg — were slapped with massive civil lawsuits Tuesday by attorney general investigators who say the lawyers operated a multi-million-dollar scheme that defrauded tens of thousands of homeowners, banks, investors and, ultimately, taxpayers.

Principals of the Aronowitz firm, which is second to Castle in the number of foreclosures handled in Colorado, immediately agreed to pay $10 million to settle the case, and will either sell or close its Denver-based law practice in the next six months, according to copies of the settlement filed in Denver district court."

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