Housing
After years of scamming black homeowners, Mark Diamond finally charged
|
The businessman who feds say defrauded elderly women, mostly on the West Side, out of millions in a reverse mortgage scheme will remain jailed awaiting trial.
Housing
Elderly black homeowners await restitution for reverse mortgage scam
|
Despite a court order for victims to be compensated, many have yet to see the money they lost to Chicago businessman Mark Diamond’s scheme.
Housing
Judge orders compensation for elderly black victims of reverse mortgage scam
|
Advocates want to see Mark Diamond face criminal charges and be put out of business permanently, while other black homeowners he targeted hope to obtain restitution soon.
Housing
New law targets reverse mortgage scams
|
Elderly homeowners on the South and West Sides have been victimized by schemes that put them at risk of losing their homes.
Housing
Judge shuts down businessman accused of scamming black homeowners
|
Mark Diamond has been the subject of mortgage-related lawsuits for decades, as a Reporter investigation revealed earlier this year.
Housing
FBI targets businessman accused in scam of elderly black homeowners
|
Federal agents carried out a search warrant Thursday at the Logan Square offices of Mark Diamond, a Chicago businessman accused of a reverse mortgage and home repair scheme that targeted elderly black homeowners on the city’s West and South Sides.
Housing
Elderly on West and South Sides targets of reverse mortgage scheme, say advocates
|
Dozens of elderly African-Americans on the South and West Sides say they were victims of a reverse mortgage scam that left many with fees they couldn’t afford and incomplete, shoddy repairs.