MFI-Miami

January 2022

Payday Loan Scam

Payday Loan Scam Bilked Investors Out Of Millions

Miami Based Payday Loan Scam Bilked 500 Venezuelan-American Investors Out Of Millions Of Dollars The opererator of a Miami-based payday loan scam bilked hundreds of investors out of millions of dollars. The SEC alleges Efrain Betancourt Jr. repaid others with money he acquired from a Ponzi scheme. Federal investigators allege Betancourt  scammed 500 investors from […]

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Florida Foreclosures Skyrocket

Florida Foreclosures Skyrocket 68% After Moratoriums Are Lifted

Florida Foreclosures Skyrocket 68% After Foreclosure Moratoriums Are Lifted. Yet, Foreclosures Are Lower Than Pre-Pandemic Filings RealTrac has released its Q3 2021 U.S. Foreclosure Market Report. The report shows there were a total of 45,517 U.S. properties with foreclosure filings, scheduled auctions or planned bank repossessions. This is up 34% from the previous quarter. Foreclosure

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