Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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William A. Roper, Jr.
In a rather novel development, the Pennsylvania Attorney General's Office has initiated an investigation into rather questionable practice in Erie, PA, involving UniCredit.  It seems that UniCredit isn't satisfied with using defective service of process, false and misleading pleadings and perjured affidavits in support of its (non-mortgage) debt collection activities.  Instead of actually filing suit and serving the defendants, the firm seems to be using criminals masquerading as process servicers to induce the alleged defaulting borrowers to appear at a UniCredit debt collection center where they are marshalled into a fake courtroom and interrogated by a FAKE JUDGE, who inquires about the nature and character of income and assets, directing the borrower to pay the questionable "debts".

This has the advantage of not having to pay off the local judges, clerks or other court/judicial personnel, while yielding more speedy and satisfying collection results than in using the actual state judicial institutions.

For more read:


"Erie debt collection company sued; accused of using bogus "hearings" and fake "courtroom" to collect from consumers"

"Attorney General goes to court to shut down Erie debt collector"


 "Suit: Erie debt collectors held fake court hearings"


"Team 4: Debt Collectors Accused Of Fake Courtroom, Judge"


"Latest Pennsylvania Business"


Of course, UniCredit DENIES the politically motivated charges and claims that the masquerading and fake courtroom are merely a part of the company's year-round observance of Halloween!


Thank you PA AG Tom CORBETT!

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that's the most bizzare thing I've ever heard ..

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I wrote Mr. Corbett a letter, thanking him for his actions against Unicredit.

However, I also asked him WHY the perpetrators are NOT IN JAIL?  I asked him WHY he isn't using the criminal RICO statutes of PA to guarantee long prison terms for these folks?

I doubt he'll answer but kudos for his actions so far.

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And while we are on the subject of debt collectors:

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