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Three indicted in Las Vegas foreclosure-rescue scam

Nevada Attorney General Catherine Cortez Masto on Thursday announced indictments against three people who operated a foreclosure-rescue scam in Las Vegas under the business name of Rescorp.

Jason Todd Wilhite, Ronald Quilang and Benjamin Moraleda falsely claimed that their services would prevent foreclosures on clients’ homes, or that their clients would obtain home-loan modifications with Rescorp’s help. The attorney general alleges the services didn’t happen, and that the defendants further defrauded consumers by having them sign fake deeds of trust that gave the defendants liens on victims’ homes based on bogus promissory notes that falsely claimed loans on the homes. State attorneys argue the defendants’ actions were meant to cloud property titles so that legitimate lenders couldn’t foreclose on victims’ properties.

The attorney general investigated the case after fielding complaints from numerous Rescorp clients who paid thousands of dollars and didn’t receive any loan-modification follow-up from the company.

A Feb. 3 arraigment of the three defendants is scheduled in Las Vegas District Court Department 3. Anyone with information involving the case should call the attorney general’s office at 486-3777.

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