Ohio Sues California Foreclosure Rescue Firm over Alleged Deception Scheme

Ohio Sues California Foreclosure Rescue Firm over Alleged Deception Scheme

Nov, 17th 2016

Ohio Attorney General Mike DeWine today announced a lawsuit against a California-based firm accused of misleading consumers and taking upfront payments for mortgage-relief services it failed to provide.

The lawsuit accuses Core Advisory Group LLC and its operator, Trung (“Mike”) Luong of Newport Beach, of violating Ohio consumer protection laws.

According to the lawsuit, Core Advisory Group offers mortgage relief services for a fee, often ranging between $1,745 and $3,900. It advertises online and through the mail. The mail solicitation provides a phone number, but not the business’s name, and it tells consumers they may be eligible for a program to lower their mortgage payments. When consumers respond, the firm allegedly offers a two-phase program...

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