Man From Virginia Sentenced to Seven and a Half Years in Prison for Mortgage Modification Scam

(Source: SIGTARP) — Howard Shmuckler, of Virginia Beach, Va., was sentenced yesterday to 90 months in federal prison for running a fraudulent mortgage-modification business that received substantial up-front fees from victims but actually modified clients’ mortgages in only a few cases, announced the Office of the Special Inspector General for the Troubled Asset Relief Program.

Read the news release here.

SIGTARP HOTLINE:  

To report allegations of fraud, waste, abuse, mismanagement, or misrepresentations involving the taxpayer-funded Troubled Asset Relief Program, call (877) SIG-2009 or send confidential information to SIGTARP via an online Hotline form.  

SIGTARP REPORTS:

Audit reports and quarterly reports to Congress about the management and transparency of TARP programs are posted here.

GENERAL COMMENTS:  

SIGTARP welcomes comments and suggestions.  You may reach us at the phone number and mailing address below: 

Phone:   (202) 927-8940

Mail:    Office of the Special Inspector General for the Troubled Asset Relief Program 

1801 L Street NW

Washington, DC  20020

Source: SIGTARP

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Alex Ferreras

About Alex Ferreras

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