How do I go about being ripped off alot of money that involved the foreclosure of my home?
My home was going to be in foreclosure, I called this place that said they could help anyone, they were with the BBB so I trusted that….The guy took my money and that was the last I heard from him or the company he works for…tried calling many times and no answer..Can anyone give me any advice on what to do….I’m lost
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The BBB is nothing more than a membership program for companies who want to make themselves look creditable. Anyone can join the BBB by paying a fee and giving out some information about the company. Only when there are numerous complaints will the BBB take any kind of action, which is usually just removing the company from its membership rolls.
But, you can try to complain about the company to the BBB, and complain to regulatory agencies. Contact your state’s attorney general, the office of banks and real estate supervision, the city or county the business was located in, the Federal Trade Commission, etc.
Just be aware, though, that if the guy just left town with your money and moved onto another city or state with no forwarding address, you will have a tough time finding him to get your money back. It’s probably gone and spent by now, and it might not be enough to initiate a small claims lawsuit against him, if you can even find him to serve him with the suit.
You can also try contacting local news stations and giving your story of being scammed by a foreclosure company. They are always looking for human interest stories, especially if you haven’t saved the house yet. But that depends on how much publicity you want. It might alert other foreclosure victims to the guy’s scams, though, if he was and still is using his real name.
You may be better off just moving on and finding some way to stop the foreclosure yourself. There are numerous resources online to educate yourself about the foreclosure process and what options might be available for your specific circumstances. It’s better just to trust yourself for now, and only hire someone if you know exactly what you are getting.
Good luck.
ForeclosureFish
Ronnie is right….you definitely need to notify the authorities…..fraud like this is now very common. they prey on people in desparate situations like forclosures. I am very sorry this has happened to you.
Calling the police would be a start.