Operator Of Loan Modification Racket Dodges Hard Time; Gets 9 Months In County Jail In $36K Ripoff That Led To Some Victims Losing Homes To F'closure

From the Office of the Nevada Attorney General:

• Defendant Doninador Palalay a.k.a. Dominador Palalay, has been sentenced in a foreclosure rescue scam case. On September 9, 2010, Palalay pled guilty to one count of Theft –Obtaining Money in excess of $2,500 by Material Misrepresentation, a category B Felony, in connection with his role in operating a foreclosure rescue scam in Las Vegas during 2008 and 2009 under the business name of PDM Financial, Inc.(1)

• Las Vegas District Court, Department 24, Judge James Bixler sentenced Palalay to a term of nine months incarceration in the Clark County Detention Center. In addition, the defendant was sentenced to probation for a period not to exceed five years and ordered to pay restitution to his victims in the amount of $36,332.50. [...] Finally, he was ordered to report this conviction to any potential employers and is barred from employment in the Mortgage Modification and Foreclosure Rescue industry.

For the Nevada AG press release, see Doninador Palalay Sentenced In Foreclosure Scam.

(1) "This case is particularly egregious because some of the victims lost not only money but also their homes as a result of Palalay’s conduct," said Attorney General Catherine Cortez Masto.