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Florida company allegedly sold customers mortgage audits to falsely protect them from foreclosure

LEGAL NEWSLINE

Saturday, November 23, 2024

Florida company allegedly sold customers mortgage audits to falsely protect them from foreclosure

State AG
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TALLAHASSEE, Fla. (Legal Newsline) – Florida Attorney General Pam Bondi has filed a lawsuit against a Jacksonville company accused of defrauding consumers across the country out of more than $160,000 through deceptive marketing and the selling of mortgage and foreclosure relief services.

According to the Florida Attorney General's Office, Brian Roy Lozito, doing business as American Investigative Services LLC, allegedly solicited upfront payments from customers for a "forensic audit" of their mortgage documents to find any legal deficiencies. The company allegedly would then tell consumers that if the deficiencies were found, it would save them from foreclosure and that they would own their home free and clear, even if they stopped making their mortgage payments to the lender, the Bondi's office said. 

The attorney general also alleges that Lozito and his company did not provide any of the services for which they charged customers and instead used it to pay for Lozito's personal expenses. 

The attorney general's complaint states that Lozito and American Investigative Services violated Florida's Deceptive and Unfair Trade Practices Act and is seeking permanent injunctive relief, restitution as well as civil penalties and fees.

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