Saturday, May 11, 2013

Rhode Island AG Tags Attorney-Led Foreclosure Rescue Outfit In Suit Alleging Fraudulent Loan Modification Ripoffs

In Providence, Rhode Island, Courthouse News Service reports:

  • A Long Island attorney runs a "Legal Network" under many names that hurts people through a nationwide "fraudulent loan modification scheme," Rhode Island claims in court.

    Rhode Island sued these defendants in Superior Court: R.M.A. Legal Network aka R.A. Legal Group aka Alarcon Law Group aka Professional Legal Network, Bruce A. Thomas, Robert Michael Alarcon and Rory Alarcon.

    Rory Alarcon, a New York attorney, runs the "network" of companies, most recently out of Holbrook, Long Island, according to the complaint. The other defendants are his agents or employees.

    The complaint states: "The Rhode Island Attorney General's Consumer Protection Unit has received at least twenty-one (21) complaints from consumers and/ or names of customers provided by defendant Rory Alarcon through the Civil Investigative demand process who have been defrauded out of thousands of dollars by defendants, whose risk of foreclosure has increased, and/or have been notified that the foreclosure process has begun, all as a result of fraudulent loan modification schemes executed by defendants.

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