Foreclosure rescue scheme crackdown continues

A Denver man was sued by the Colorado Attorney General for allegedly claiming he could use legal tactics to stop foreclosures and eliminate consumers' mortgages. The office also won a judgment against American Mortgage Consultants, which collected money upfront for loan modifications but did nothing to help customers.

Consumer agencies nationwide have been targeting people and business preying on consumers in jeopardy of losing their homes.

Sherron L. Lewis, Jr., who the state says does not have a license to practice law, is accused of attracting clients through his website, Illegal Foreclosures and mailed marketing pieces. The complaint says he would gain an interest in clients' properties and charge upfront fees for services in violation of the Colorado Foreclosure Protection Act.

Advertisement