Saturday, March 29, 2008

Ohio Man Facing 30 Felony Charges In Alleged Foreclosure Rescue Scam

In Licking County, Ohio, The Newark Advocate reports:

  • A Newark man has been indicted for 30 felony counts related to his alleged making of criminally false promises to 15 homeowners rattled by foreclosure fears. Harry W. Blausey, 66, [...], was charged with 10 counts of grand theft, [...]; 14 counts of securing writings by deception, [...]; five counts of theft, [...]; and one count of engaging in a pattern of corrupt activity, [...].

  • Licking County Prosecutor Ken Oswalt declined to discuss the specifics of Blausey’s alleged actions, but did say that the defendant preyed on their foreclosure concerns. “In most, if not all, of these (charges), he accepted from (the alleged victims) a quit claim deed,” he said. “They signed their property over to him based on the representations he was making. ... They would sign there property over to him thinking they would get a significant benefit in terms of avoiding foreclosure .. or walking away from the property.”

***

  • In addition to the 30-count indictment, Blausey is involved in 17 civil cases in the Licking County Common Pleas Court. Six of those cases involve plaintiffs named in the indictment. One civil complaint claims fraud, intentional infliction of emotional distress, breach of contract and unjust enrichment by Blausey against the plaintiff, who also is listed as a victim in two counts of the indictment. He claims Blausey tricked him into signing over the deed to his house, getting him to vacate his home, then renting it out until it was seized by creditors.

For more, see:

See also, WBNS-TV Channel 10: Real Estate Agent Accused In Foreclosure Scheme.

Go here for other posts on foreclosure rescue operator Harry Blausey.

For other criminal prosecutions involving foreclosure rescue and other deed scams, see:

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