Transaction Search Form: please type in any of the fields below.
Date: November 22, 2024 Fri
Time: 11:32 am
Time: 11:32 am
Results for financial crime (u.s.)
1 results foundAuthor: Evans, Lawrance L., Jr. Title: Financial Crime: Foreclosure Rescue Schemes Have Become More Complex, and Efforts to Combat Them Continue Summary: In July 2010, GAO reported on federal efforts to combat foreclosure rescue schemes-schemes that promise but do not deliver foreclosure prevention assistance. Subsequently, the Dodd-Frank Wall Street Reform and Consumer Protection Act required GAO to study interagency efforts to crack down on these schemes. This report updates GAO's 2010 report and examines (1) available information about the prevalence and nature of foreclosure rescue schemes, and (2) the status and scope of the federal government's multiagency effort and other major initiatives to combat them. To address these objectives, GAO analyzed consumer complaints, obtained information from federal agencies participating in FFETF, and interviewed representatives of six states with high populations of borrowers at risk of foreclosure, and nonprofit organizations that are also making efforts to combat these schemes. In its written comments, Treasury noted that it valued GAO's insights as it continues to combat foreclosure rescue schemes. The Special Inspector General for the Troubled Asset Relief Program concurred with the findings related to its work and noted that it has made significant progress in combating these schemes and will continue to work with law enforcement partners to investigate them. Details: Washington, DC: U.S. Government Accountability Office, 2013. 46p. Source: Internet Resource: GAO-14-17: Accessed November 7, 2013 at: http://www.gao.gov/assets/660/658626.pdf Year: 2013 Country: United States URL: http://www.gao.gov/assets/660/658626.pdf Shelf Number: 131608 Keywords: Commercial Crimes, InvestigationFinancial Crime (U.S.)Mortgage Fraud |