Ravens CB Part Of Scummy Foreclosure Scheme?
In the rough economic times we’re in, it’s always heartwarming when you see the story of an NFL player and a pastor joining forces to rip off a bunch of people facing foreclosure.
(should we be encouraged that NFL crimes are getting more cerebral?)
That’s what Ravens cornerback Anwar Phillips is accused of doing. The former Penn State star and the as-yet unidentified pastor were allegedly telling homeowners in the San Diego area that they could avoid foreclosure by letting them put someone else on the title temporarily. But instead of helping out, they were just interested in gaining ownership of the house so they could take out a new mortgage and cash out the equity.
The whole plot’s a bit confusing (to me, anyway) and some red flags should have been showing up for the scammed homeowners, but it goes to show how desperate people can be to get out of financial trouble these days.
