Saturday, July 18, 2009

Get Rich Quick Real Estate and Foreclosure Rescue Fraud

Think about buying one of those get-rich-quick in real estate home study courses or seminars you see advertised on the Internet?

Think again.

Here is a news report from CNN anchor Gerri Willis on how foreclosure rescue fraud schemes work. This is a video report put up on You Tube and edited into two parts. Watch both.

Compare her report to virtually any creative real estate course being sold today. Same techniques, same promises, same procedures, same everything.

The real estate gurus that sell these courses are an embarrassment to the industry and themselves. They are criminals and they know it---but they don't care. They are making a fortune off the suffering and misery of innocent people, desperate people, the sick, the unemployed, and the elderly.

Law enforcement across the nation knows about their activities and the noose is tightening around their necks. I can't wait to see the scaffold drop and relish the pleasure of them dangling at the end of the rope.

Robert J. Abalos, Esq.