Hundreds of homeowners facing foreclosure received an offer claiming that they could keep their homes and have their mortgage payments reduced or even eliminated – in exchange for a fee. The pitch was a scam, prosecutors said.
It was an alluring offer for homeowners facing foreclosure — in exchange for a fee, they would be able to keep their homes and have their mortgage payments reduced or even eliminated altogether.
Two others, Joel Harvey, 40, and Garrett Stevenson, 45, both of Cincinnati, pleaded guilty during the trial. Nine other defendants have also been charged in the case. Prosecutors said the group operated the venture from 2013 until they were indicted in 2019 as a multi-level marketing scheme, enticing salespeople to help lure in struggling homeowners in exchange for commissions. The scheme operated under a variety of names like MVP Home Solutions, Stay In or Walk Away, Bolden Pinnacle Group, Home Advisory Services Network, Home Advisory Services Group and the Silverstein & Wolf Corp.
If a homeowner contacted the group, a salesperson would then give them a hard pitch, saying the homeowner could stop making mortgage payments if they signed up for the program, which claimed to have a team of lawyers who would negotiate with the banks to buy out the debt.
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