Search

Editors

Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

« Job: Compliance Manager/Director | Main | Whistleblower collects $2.4 million from cardiac monitoring settlements »
Friday
Jul142017

Two Californians (including a lawyer) jailed for running fake law firm

Two Orange County, California men were sentenced to prison for helping set up and market a phony mortgage modification scheme posing as a successful law firm, the DOJ said.

Ronald Rodis, 52, of Long Beach, California, a lawyer who has now surrendered his license, was sentenced Tuesday to 41 months in federal prison.

Charles Wayne Farris, 56, of Aliso Viejo, California was sentenced to 47 months.

Both pleaded guilty to one count of conspiracy to commit mail and wire fraud  in federal court in Santa Ana, California.

Federal judge David Carter also ordered Rodis to pay restitution of $3.8 million and Farris $3.5 million.

The defendants set up a firm called the Rodis Law Group.

During the worst of the housing crisis in 2008 and 2009, the firm charged homeowners between $3,500 and $5,500 to negotiate loan modifications with mortgage lenders.

The two lied about the firm's ability to help homeowners.

And they hid the involvement of Bryan D’Antonio, the true owner of the scheme. D’Antonio was a convicted felon and subject to a permanent injunction barring him from any telemarketing business.

In April this year, D’Antonio was jailed for eight years and ordered to pay $3.8 million in restitution.

“These defendants  . . . victimized homeowners facing foreclosure during the mortgage crisis,” the DOJ's Chad Readler said.

They coerced and victimized vulnerable homeowners, according to Sandra Brown, the Acting U.S. Attorney for the Central District of California.

Rodis was a licensed California lawyer. He allowed his name to be used and he recorded radio advertisements encouraging struggling homeowners to call the Rodis Law Group. 

In the ads, Rodis claimed the law firm had “a team of experienced attorneys” who were “highly skilled in negotiating lower interest rates and even lowering your principal balance.”

But the firm was actually "a telemarketing operation that never had a team of experienced attorneys and rarely achieved any of the promised results for homeowners," the DOJ said.

Farris supervised dozens of telemarketers. They used scripts he helped write.

The telemarketers lied about when the Rodis Law Group was founded and about achieving "positive results for homeowners, including lower monthly payments, reductions in principal balance, and lower interest rates."

____

Richard L. Cassin is the publisher and editor of the FCPA Blog.

Reader Comments (1)

I guess I got off easy. When my originating lender (Quicken Loans) royally screwed up my impound escrow account, not including the Mello-Roos taxes, when Chase took over servicing they increased my monthly payment by $1,000 per month for the next year, then $300 per month for the balance of the 30 year loan. No negotiation, pay up or get out.
I hired an attorney in Corona, CA to argue on my behalf...he did nothing until I received a frantic call from his clerk telling me I had to fax a bunch of paperwork for consideration of a refi. Of course THAT didn't work, and when I received the 3 day notice, my lawyer neglected to even show up in court. I charged into his office and demanded my money back or I would contact the bar.
Bottom line, I got my $1,500 back, But he's the same type of scum as these weasels and I wonder how many others paid the fee and got ripped off.. Great article!
July 16, 2017 | Unregistered CommenterWestcoaster
Comments for this entry have been disabled. Additional comments may not be added to this entry at this time.