Ohio AG Scores Win In Suit Against Cleveland-Area Loan Mod Racket That Clipped Homeowners For Upfront Fees, Then Stiffed Them On Promised Services
In Cleveland, Ohio, News Channel 5 reports:
- A Cleveland-area foreclosure rescue company has been shut down and its owner ordered to repay consumers hundreds of thousands of dollars in upfront fees for services they never received.
- A 5 On Your Side investigation first exposed complaints against the Broadview Heights company known as The Modification Group or "TMG" in an exclusive report in May 2011.
- Ohio Attorney General Mike DeWine filed a lawsuit against the company and its owner, Robert Walker, just one day after our report aired.
- In an agreed consent judgment, the company was shut down, ordered to pay a $100,000 fine and repay consumers $338,000 in fees for services never performed. Walker has been barred from operating foreclosure rescue and credit services in Ohio.
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