Log Out
Visit Par4TheCourse's column >>

PAR4THECOURSE

Home Page
Death Penalty for Child Predators
Articles Posted: 14  Links Seeded: 30513
Member Since: 8/2009  Last Seen: 5/24/2012

Co-Owners of Home Savers Consulting Corp. Sentenced to Prison for Orchestrating Mortgage Foreclosure Rescue Scheme

Seeded on Sat Feb 18, 2012 7:53 AM EST
Read ArticleArticle Source: FBI New Jersey - U.S. Attorney's Office
, , ,
Seeded by Par4TheCourse
Advertise | AdChoices

NEWARK, NJ—Two Brooklyn, N.Y., men were sentenced today for conspiring with each other and others in a mortgage fraud scheme that falsely promised to help homeowners facing foreclosure keep their homes and repair their damaged credit, U.S. Attorney Paul J. Fishman announced.

Phil A. Simon, 35, and Garth Celestine, 46, were sentenced to 66 months and 36 months in prison, respectively. Both defendants previously pleaded guilty before U.S. District Judge Dennis M. Cavanaugh to conspiracy to commit wire fraud. Judge Cavanaugh also imposed the sentence today in Newark federal court.

  • Enjoy this article? Help vote it up the 'Vine.

Published to:

Par4TheCourse

According to documents filed in this case and statements made in court:

From 2004 to 2007, Simon and Celestine owned and operated Home Savers Consulting Corp., which held itself out as a foreclosure rescue company with two locations in New York. Simon and Celestine conspired with each other and others to defraud both homeowners facing foreclosure and mortgage lenders by making false statements and promises. Simon and Celestine defrauded more than 40 homeowners and mortgage lenders, causing losses to the victims of more than $3.3 million.

  • 1 vote
Reply#1 - Sat Feb 18, 2012 7:54 AM EST
Leave a Comment:
You're in Easy Mode. If you prefer, you can use XHTML Mode instead.
Newsvine Privacy Statement
As a new user, you may notice a few temporary content restrictions. Click here for more info.