| | Founders of Nationwide Debt Elimination Scheme Charged In Forty-Six Count Indictment : ArriveNet Press Releases : ... (Site not responding. Last check: 2007-10-09) |
 | | They, along with the Dorean Group and entities associated with the Dorean Group, are charged with operating a debt elimination scheme whereby fraudulent documents are recorded as part of the title of their clients' properties, causing home mortgage and equity loans to falsely appear satisfied when they actually had not been paid. |
 | | In this packet, the Dorean Group claims to act on behalf of the borrower and demands the lender prove the validity of its loan "to the unilateral satisfaction of the Dorean Group" within 10 days. |
 | | When the loan disbursement loan is made, the Dorean Group receives 50 percent of its proceeds, the Dorean Group broker receives approximately 10-25 percent of the funds, and the Dorean Group client keeps the remaining 25-40 percent of the loan. |
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