Nevada AG Indicts Las Vegas Pair In Alleged Scam Purporting To Save Homeowners From Foreclosure With Mortgage Balance Reduction Refinancing Program

In Las Vegas, Nevada, the Las Vegas Sun reports:

• A Clark County grand jury has indicted two Las Vegas men in a mortgage-lending fraud case in which victims lost thousands of dollars, Nevada Attorney General Catherine Cortez Masto announced Wednesday.
  
  The grand jury on Aug. 15 returned an 18-count indictment charging Gary Dimattia, 62, and Lawrence Bateman Jr., 36, with multiple felony charges, including mortgage lending fraud and theft. They operated under the firm Financial Link Services.
  
  Authorities allege the pair made false claims from April 2009 to August 2010, saying they could rescue homeowners looking to refinance their mortgages by negotiating new loans through a balance reduction program. The program, however, did not exist, officials said.
  
  Dimattia and Bateman collected an upfront fee — often from $3,495 to $3,895 — from victims for the proposed service that was never performed, officials said.

For more, see Indictment charges pair with mortgage-related fraud.