I get these letters all the time telling me I can get a loan modification. I did. Through the bank that holds my mortgage. Not some fly by night place that wanted money up-front.

Federal prosecutors announced the indictment of a Southern California man on money laundering and conspiracy charges for a scheme to defraud delinquent homeowners hoping to modify their mortgages.

Glenn Steven Rosofsky is accused of running a mortgage fraud scheme in San Marcos, California, that operated under the names Nations Housing Modification Center and Federal Housing Modification Department, according to a statement released Tuesday by U.S. Attorney Karen Hewitt in San Diego.

The government said Rosofsky and others would make false statements to induce customers to pay $2,500 to $3,000 to buy loan modification services. He also asked others to rent a post office box and office space in Washington, D.C. to create the impression that his service operated on Capitol Hill, the government said.

Just think of all the payments they could have made with those “service” fees.

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