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Looking back, the housing industry is totally Scrooged

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Foreclosure scam case delayed

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According to Newnet5.com, sentencing was suddenly delayed Monday in a Cuyahoga County Common Pleas Court for an individual involved in a foreclosure scam that ripped off investors across the country and left more than 100 homes in Cleveland abandoned.

Marc Tow, 62, pleaded guilty in July to his role in defrauding investors after buying up 129 homes in Cleveland and leaving investors without a dime.

Tow's defense attorney was granted a delay in sentencing until October 7 at 8:30 a.m.

Source: Newsnet5.com
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