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Michigan Woman Victim Of Mortgage Loan Scam
Kaiyotta, who doesn’t want her last name published, said two years ago she was an unemployed college student searching for a job.
The 23-year-old said she found an opportunity in the paper that seemed perfect for her career path. It was a chance to be a landlord. The company, Maxwell Holdings, told Kaiyotta earning money was simple.
Kaiyotta said company officials told her she only needed to take out a home mortgage in her name and they would set her up with tenants so she could collect rent.
But, before Kaiyotta could collect any rent, the Michigan State University Student received a surprising call from state officials. Investigators told her Maxwell Holdings was under investigation and she was the victim of a scam.
State officials confirm they are investigating Maxwell Holdings because they take mortgage fraud very seriously.
Anyone who feels like they’ve been a mortgage-scam victim is asked to call the Michigan Department of Energy, Labor and Economic Growth on its toll free line 877-999-6442.
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