Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!watmath!clyde!burl!ulysses!allegra!mit-eddie!think!harvard!seismo!hao!noao!terak!doug From: doug@terak.UUCP (Doug Pardee) Newsgroups: net.consumers Subject: Re: Mortgages ala A.L. Williams Message-ID: <1035@terak.UUCP> Date: Mon, 3-Feb-86 13:07:22 EST Article-I.D.: terak.1035 Posted: Mon Feb 3 13:07:22 1986 Date-Received: Thu, 6-Feb-86 05:20:22 EST References: <1779@hammer.UUCP> Distribution: net Organization: Calcomp Display Products Division, Scottsdale, AZ, USA Lines: 15 > Supposedly this mortgage program is currently going on in Arizona. I haven't heard of it here. But if I did, I sure would be suspicious. If you hear of something from Arizona that sounds fraudulent, it almost certainly *is* fraudulent. I don't know why, but we seem to get more fraud operators here than you can imagine. And such a wide variety of schemes! Not just your everyday bunko stuff. Right now the big story on the news is the investigation of a number of luxury car dealers who have not delivered the car ownership titles to their customers -- seems that they can't, on account of they pocketed the money from the sales instead of forwarding the sales tax and license fees to the state. And for cars being sold on consignment, they didn't pay the seller, either. -- Doug Pardee -- CalComp -- {hardy,savax,seismo,decvax,ihnp4}!terak!doug