This page was written, edited, reviewed & approved by Emil J. Fleysher following our comprehensive editorial guidelines. Emil J. Fleysher, the Founding Partner, has 15+ years of legal experience as a bankruptcy attorney. Our last modified date shows when this page was last reviewed.
Read how a con-man managed to cheat people in return for loan modifications.
Jason Vitulano plead guilty and was sentenced to 11 years in federal prison. He also got an order to pay restitution of $5.9 million dollars in a West Palm Beach Courthouse. This is after running a boiler room scheme targeting troubled homeowners for mail and wired fraud. Between 2008 and 2009 the Boca Raton man who was operating boiler rooms would promise to attain loan modifications for homeowners who had fallen back of their mortgage payments by securing the fees upfront. In fact, there were nearly 2,000 victims; very few of which were actually provided with modifications, who paid well over $7 million dollars.
Furthermore, the Boca Raton man was the ringleader of a group of 10 other offenders all of whom plead guilty. In fact, this group of con artists deceived thousands of homeowners. That is, those who were fighting to keep their homes by hustling money out of them with no fruit to their labor in the Boca Raton and Deerfield area. Additionally, the man had two previous charges, one in Pensacola and the other in Palm Beach County for mortgage fraud. In the Pensacola case, he was sentenced to six years; which he will serve first followed by the 11 years on this new case.
If you have questions about Foreclosure, Loan Modification, Bankruptcy, Short Sale, or other alternatives, please feel free to call my office at 888-886-0020. Or, send an e-mail to emil@fleysherlaw.com, or complete the contact form below.
Emil specializes in consumer bankruptcy, debt settlement, and mortgage modification, offering a holistic approach to solving mortgage and debt problems. Emil listens to clients, understands their circumstances and goals, and helps them make the right choices by presenting all options and contingencies.
He is dedicated to helping South Floridians regain their financial freedom from overwhelming debt caused by high interest credit cards, bad mortgage loans, and uninsured medical expenses.
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