Victims of Foreclosure scam receive $32,000 in payouts

By: NewsCenter 16 Email
By: NewsCenter 16 Email

Indianapolis, Ind. Payments are going out to Indiana families targeted with a foreclosure scheme.

In fact, the state says more than $32,000 has been paid out to 18 victims, some of whom are in St. Joseph, Elkhart and Marshall counties.

The money comes out of the state's Consumer Protection Assistance Fund, Which was created with a law was passed back in 2011.

Victims reported getting scammed out of anywhere from about $600 to $3500 through what's being called foreclosure-rescue fraud.

The scam involves consultants who charge customers exorbitant fees in exchange for help in reducing monthly payments, or stopping foreclosure.


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