A Las Vegas man was sentenced to 6 years and 9 months in prison for mortgage fraud and operating a mortgage foreclosure rescue scam that defrauded homeowners facing foreclosure. George Eggleston, 65, of Nexxus and Global Legal Associates claimed that his company could stop or reverse any pending or completed foreclosures with litigation. Eggleston bilked unsuspecting and hopeful homeowners for a monthly payment of at least $1,000 for Nexxus’ services and those the attorneys he claimed he managed.
Be aware of these types of scams as we see many of their victims in our offices AFTER they have lost their money and their homes. You should be suspect of:
- Any person guaranteeing they can stop your foreclosure or modify your loan;
- Anyone asking you to sign over title to your property (you will not avoid the mortgage monetary liability and will have given the property away); or
- Any person who is not a property licensed mortgage specialist or attorney and asks you for advance or upfront payments.