The Federal Communications Commission (FCC) has issued a warning about a scam involving fraudulent mortgage calls. These calls threaten homeowners with foreclosure, then offer relief in exchange for payments directed to agents of an entity called Green Mirage.
Scammers convince homeowners to pay through unconventional methods rather than their regular mortgage payment channels. Often, they instruct victims to send money orders to third-party "attorneys" or representatives or upload funds to a Walmart Green Dot Money Card account.
The FCC reports that Green Mirage has impersonated over 400 mortgage institutions, leading to significant financial losses for affected homeowners. Many victims only realize they have been defrauded when their legitimate lender starts foreclosure proceedings.
Consumers should be cautious if they receive suspicious calls regarding their mortgages and verify the legitimacy of such communications.