Criminal Probe Helps Shutdown Online Mortgage Scams

rent house 150x150 Criminal Probe Helps Shutdown Online Mortgage ScamsA large criminal investigation has begun into mortgage swindlers using the three largest search engines to lure in their victims.

The scammers used online ads making fake promises of help for people to keep their homes under a government-backed program to modify mortgage payments, according to Yahoo News.

The crackdown had stopped 125 mortgage scams by Monday, up from 85 last week, when the Office of the Special Inspector General for the Troubled Asset Relief Program announced it was going to put an end to the scams.

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