Attorney's Office, Eastern District of TexasPLANO, Texas – Three Texas women have been charged with federal violations related to a mortgage fraud scheme in the Eastern District of Texas, announced U.S.

A complete Ponzi scheme and I have first hand experience.  

Quote from @Tom Nagy: This company is a complete real estate and investment ponzi scheme. 

Interior PaintingScope of Work:Paint all walls, ceilings, and trim with neutral high-end paintUse two-tone color scheme for added eleganceEstimated Cost: $10,0005.

You have to prove you did everything right and then because of “empathy” for the poor snook who “fell into you schemes” you may lose anyway.This is a legally binding transaction that will be treated that way by the law.

I suspect but dont know .. this has all the red flags of lenders to watch out for as in pump and dump due diligence schemes..

It's a dishonest promise.If you are in foreclosure, it sounds like you are either there or headed that way,  what you are encountering is a "foreclosure scheme" they are illegal in most places and for good reason.

I manage a few smaller complexes and they are all on individual price schemes though they are usually within a few dollars of each other. 

Pretty sure he stole from people in a ponzi-scheme or something.You guys are classic.  

Equity stripping, or equity skimming, is a type of real estate fraud scheme.