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Mich. AG Files Charges In Foreclosure Fraud Case

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LANSING (WWJ/AP) – State authorities are accusing a Detroit-area man of fleecing people out of $800,000 by posing as someone who could modify their mortgages.

The Michigan attorney general’s office says Rickey White told people that he would negotiate with lenders, but he’s accused of doing nothing while charging fees. He and his Southfield business are charged with running a criminal enterprise and false pretenses.

Attorney General Bill Schuette said victims trying to stay above water have been pushed under water. White could not be reached for comment Wednesday. A phone number listed for him in Westland was disconnected.

Schuette said people fearing foreclosure can get free advice from the state at 866-946-7432.

For more consumer alerts from the Michigan AG’s office or to file a complaint, visit this link.

(TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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