Monday, December 11, 2017
 
 
News: Page (1) of 1 - 11/16/11 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
Government closes mortgage scams tied to Google
Government regulators shut down alleged mortgage swindlers who baited victims with Google ads
By The Associated Press

SAN FRANCISCO (AP) ' Federal government regulators have shut down dozens of Internet scams that had been paying Google to run deceptive ads promising to help desperate homeowners avoid foreclosure.

The crackdown announced Wednesday targeted 85 businesses accused of duping homeowners hoping to lower their home loan payments. The U.S. Treasury Department division overseeing the criminal investigation into the alleged misconduct didn't identify the operations that have been shut down.

Google's name popped up because the Internet search leader had been running the ads that the alleged scam artists used to bait their victims.



In an effort to prevent the abuse, the government said Google has suspended its business ties with more than 500 advertisers and agencies connected to the alleged swindlers.

A Google Inc. spokeswoman declined to comment.


Page: 1


 
 
 
 
 
 
 
 
 
 
 





Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines