At the AARP conference in May, an attendee came over to Barbara Floyd Jones’ booth and shared a unfortunate tale of financial woe. A fake company masquerading as a government-affiliated housing agency had swindled the unsuspecting homeowner out of $10,000 amid promises to modify the mortgage. After coughing up cash for phony “processing fees”, the victim was left five figures poorer with no mortgage relief in sight. It wasn’t the first time Floyd Jones had heard such a tale nor will it be her last.
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