DeMarco, REI Together we can bring down the crook and work to find solutions to the lies and deceipt of Anthony DeMarc0 1500 JFK Blvd Ste. 222, Pennsylvania

To Anonymous:  Mrs. Jean Roe, How do you expect people reading your comments that you have stated when you are not even bold enough to use your real name, however, you are willing to use Mr. Paolucci name and discredit him, without providing all of the facts?

If you the readers are interested in hearing the truth from someone who personally knows Mr. Paolucci's character in this matter, then you will see that Mr. Paolucci in NO WAY tried to defraud or hurt any of the families involved in the transaction's between Mr. DeMarco in care of DeMarco REI.  Mr. Paolucci was only an investor interested in helping the families out that were about to loose there properties.  And any agreements that were made between the families and Mr. DeMarco in care of DeMarco REI, Mr. Paolucci was NOT a part of.

Mrs. Roe, clearly after numerous conversations with Mr. DeMarco in care of DeMArco REI, He not only defrauded you as the consumer, but Mr. Paolucci as well as the investor.

1.  In March of 2009 Mrs. Jean Roe voluntary, without duress legally sold your property and entered into an agreement with Mr. DeMarco in care of DeMarco REI, which promises were made to you by Mr. DeMarco in care of DeMarco REI.  Mr. Paolucci had no knowledge of any agreement that was made to you by Mr. DeMarco in care of DeMarco REI.

2. On the same date of your contractual sale of your property to Mr. DeMarco in care of DeMarco REI, Mr. DeMarco intern legally executed a deed as Grantor legally selling the property to Mr. Paolucci Grantee whose financially and creditworthiness qualified and approved Mr. Paolucci for Mr. Paolucci for a mortgage loan.

3. Both the deed and the mortgage not were recently recorded within the counties records.

4. Mr. Paolucci has been the owner of said property of which you reside s the tenants under a lease agreement executed between you and Mr. DeMarco in care of DeMarco REI.

5. Since, your ownership was transfered to Mr. DeMarco in care of DeMarco REI legally, you have failed to make any or all  monthly rental payments as in your contract with DeMarco REI with the exception of a nominal $1000.00.

6. When Mr. Paolucci assumed the property, he retained the services of DeMarco REI as the Property Management Company.

7. Mr. Paolucci began receiving phone calls from the mortgage companies as well as written notifications stating that payments for that property have not been received  when there attempts to contact DeMarco REI failed, leaving Mr. Paolucci no other recourse, than to attempt to contact Mr. DeMarco in care of DeMarco REI himself, leaving Mr. Paolucci in extreme distress.

8. The various attempts of communication with Mr. DeMarco in care of DeMarco REI left Mr. Paolucci frustrated and victimized since, Mr. DeMarco in care of DeMArco REI made no attempt to respond to Mr. Paolucci's emails, phone calls, and text messages.  Obviously, and I am sure you Mrs. Roe you will agree, Mr. DeMarco in care of DeMarco REI never had any intentions as the property manager to make any or all of the mortgage payments that were under Mr. PAolucci name.

9.  When Mr. DeMarco in care of DeMarco REI elected to communicate with Mr. Paolucci he would act childless and immaturely by slandering Mr. Paolucci "similar to what you did" in your blog. using profanities defaming his professional and reputable character.

10.  Ultimately, Mr. DeMarco in care of DeMarco REI completely mishandled and or misrepresented funds and or rental income from you, leaving Mr. Paolucci in an absolute mess.  Not created by Mr. Paolucci, but totally created and mischievously designed by Mr. DeMarco in care of DeMarco REI.

11.  Mr. Paolucci never physically saw and or inspected said property and or Mortgage application documents.  It was Mr. DeMarco in care of DeMarco REI and it's staff who used Mr. Paolucci creditworthiness and income to qualify for a mortgage loan, so that Mr. DeMarco in care of DeMarco REI could sell the property to Mr. Paolucci leaving you as the tenant/occupant, with fiducially obligations to make monthly rental payments with which either Mr. DeMarco in care of DeMrco REI mismanaged the funds or you voluntarily elected not to fulfill your fiducially obligation within the executed agreement.

12.  Mr. Paolucci had no other alternative than to contact you directly in written form. Informing you of Mr. DeMarco in care of DeMarco REI's abandonment as the property manager, said letter was simply a formal request to contact Mr. Paolucci in order to have an amicable resolve to this "absolute mess" left on both yours and Mr. Paolucci lap.  Obviously, Mr. DeMarco's actions and the actions of DeMarco REI's staff can be classified as criminal and should be punished under local and Federal authorities.

The most paramount statement to be understood in this Blog is that Mr. Paolucci NEVER deceived you nor misrepresented any funds.  Mr. Paolucci wanted to make sure that your family was able to stay in the property without duress, at the risk of Mr. Paolucci creditworthiness, which is now an "absolute shambles because the trust that but you and Mr. Paolucci put into Mr. Anthony DeMarco and DeMarco REI.

Mrs. Roe for as long as I have know Mr. Paolucci, he would have been wiling to work out an amicable resolution to these issues, since the both of you were victimized by Mr. DeMarco and the staff of DeMarco REI.

As I have stated both you and Mr. PAolucci are the victims in this matter, and I am sure that other homeowners, just like yourself, were and will be again deceived by Anthony DeMarco if we all do not do something to prove that Mr. Demarco has deceived all involved.  I am sure other homeowners want the same justice as you do Mrs. Roe.  I hope that everyone involved that has tried to deceive the howowners as Mr. DeMarco and DeMarco REI, are to to justice and that you will find comfort and peace with the end result.

 

Good Luck.

 

 

I am commenting to Stephen Paolucci and Gina,I along with you and so many others have been victimized by this Scam,I am in the New Jersey area but have also contacted the FBI.

The situation is bleak and things look very bad for us in New Jersey,the investors now straw buyers are financially ruined thanks to the shrewdness of DeMarco,what is being offered to us is impossible:Many of us paid large rents,received little or no cash out.There was no credit repair, Nu-Credit Solutions was non existent,There were no reserves,instead lies ,Forgery and now it is leading to possible Homelessness,we were in Foreclosure to begin with,as we recived menial or no cash-out on the property and the Equity has been stripped it is impossible for us to get a loan.

Banks,Mortgage comapnies are frustated they want the property off the books and want us out,they are now aware of the Forgery and the fraud on the Hud -1 documents:The documents we received from the Title Comapny state we received full cash out at closing.This is fraud and a lie and nothing was notarized.

The most important thing i want Banks,Mortgage companies and the Legal authories and Courts to realize: we were not looking to live for free,we were trying to get back that American Dream that we worked so hard for,we did as Demarco requested expecting hom to do his part.

We were set up after paying big rents ,more than the mortgage,the rent was paid because we were told we had reserves , and a lot of equity to falll back on.

I was told by Eric Havkin from DeMarco just pay the rent of 2900,if you experience a hardship you have reserves set aside and remember your home has so much Equity.

This is what seems so repititous by now,but what happened to all of us is a "Trap",if we were in Foreclsoure and Demarco was supoose to' Save our Homes " we would have paid a lower rent,got reasonable proceeds from the sale,the proceeds would be set aside and we would at the end of 1 year to buy back our homes.

What took pace instead is DeMarco kept everything,accepted the rent,never let us use the reserves or equity,If we could get back what was stolen from us,we could use those funds to pay the banks .

I am pleaing and asking if there is some kind of help legally taht can help us save our lives and homes.

Thanks Ed and all the staff,for letting everyone read what is going on all accross New Jersey and Pennsylvania.

We need help ASAP. I would appreciate if someone can help all of us who were burned and harmed by Demarco and his partners in crime.

The individuals Scammed by Antony Demarco and his partners in crime AKA "Slugs " has hurt everyone starting with the individuals in foreclsoure,those employed by Demarco and the investors Aka straw buyers.

Rip off Report has made it evident that no one is exaggerating,all involved with Demarco were scammed all except for the small handful of Slugs better known as Eric,Buzz,Biana,Candace,Jason,Trippper.The sitaution is so bad now,everyone lost.

The Foreclosure individuals are hurt the most,we had no money to begin with and now that Demarco stole all the cash out and all the homes are in foreclosure we are in eminent danger of becoming Homeless.What is even more ironic,Demarco managed to get rent from the foreclosure victims,keep all the proceeds from the closings and now the Foreclosure individuals are the bad ones?

Where did all thes funds go? There were millions of dollars from banks and Mortgae comapnies!!! I have copies of the checks and documents from Demarco,Rei I am sure all involved have their documents.

I think there should be a class action law suit against Demarco rei,I do not know how involved the Title comapny is or was ,rumor has it Garden State was owned by reputable individulas who had no idea they were dealing with criminals.

There were so Many hurt by this corrupt organization,I am hoping a class ation lawsuit ? There are enough reports not just the foreclosure victims tha were swindle his employees and the investors who were trying to help.

For anyone who has remarked about us who were in Foreclosure: We paid rent and Demarco also took our equity,we paid rent and our homes were stolen.Can some one please help with this crime? We do not want to become homeless or lose the homes that we put so much into.

If there are any attorneys who can help ,Please a lot os us are about to lose our homes and dignity.Demarco and his partners in crime, wherever you are I just wonder where is all the money you stole from so many? I guess none of you have a conscience!!!

Please anyone who can help: We could use some help from the Fha,the Government.

You can see from this report ,it is not just foreclosure individuals it is investors and employees.

Thank you again Ed and Rip off Report,we have been making all awareof this Scam since 2008:Demarco has swindled all the funds and the worst is about to come.

Please Help is needed for all who were scammed by Demarco,Rei.

The Fbi has been contacted in this matter,the prosecutor and the attorney general,yet as of April 2010 Amy from Parsippany new jersey was also scammed by Demarco and his Slugs.

The staff at Rip-Off has been allowing these reports to be posted since the scam began :I have no idea who I can trust or what is really going on,though i was contacted by an attorney for representation in a Whistle Blower case this never took place,though the loan officer was compenstaed by Demarco,rei.Demarco advised I could not have my reserves because they had to pay the loan officer such a large commission.

I am now in "'Limbo " the investor/strawbuyer was also scammed ,he is financiallly ruined ,though I paid rent of 2900 ,the cash out  of 130,000 was swindled away by Demarco Rei.

This is the scam Demarco and his Slugs used on each and everyone of us ,yet we are the ones who are about to lose everything becasue we can't come up with a mortgage ?

We cannot get a mortgage because the starwbuyers/investors were swindled and their credit is ruined,but we not only paid rent for these homes,we paid six figures to Demarco Rei for services rendered.(this was in the fine print****)

This situation is so frustrating,we need Help from the government ,our lives should not be taken away because of Demarco and his scam.: One investor told Valerie" The house means nothing to me" Our homes were stolen and stripped of all the Equity and our homes mean "everything "to us

Please Do not let Anthony Demarco and these corrupt criminals ruin our lives:Help is needed.We were all trying to do the right thing ,we went to closings and received false documents and false information.

I am trying to keep the" Faith " that maybe The Fbi will get these Slugs and Hud and the Fha will help those of us who have been burned by this Scam.I t is so scary because we do not know what is going on,I do not know who I can trust or who will stab me in the back next.The American Dream for us has turned into a living Nightmare!

It is obvious that few benefited from this scam,only Anthony and the other slugs,what is sad they hurt so many,Valerie ,Amy,Kim,Angel,Mark,myself included.We are only a handful of this crime.I am grateful to the Fbi and the Attorney General but the victims who were burned by Demarco need help from Hud or the Fha our homes were taken and so was our money.Please do not let us become Homeless.We will be very grateful if someone could step in and save us from this upcoming disaster.

Thanks with all my heart all of you at Rip-Off,Ed your site made it possible to expose this Corrupt Scam we are forever grateful,I hope on behalf of us all someone can Help.

I am sorry for all that  were Scammed and Ripped -Off by Demarco,but I am the most concerned and sorry for the Foreclosure victims because Demarco is trying to take our lives and dignity away .   

Last but not least I have forwarded all my documents and receipts to the proper authorities ,If Hud or Fha needs any of these we have the originals.

Thank you for reading this,Sincerley one of the many who has been scammed by Demarco,Rei.

 

 

Thanks to Ripoff Report you can read that Mr.Paolucci has contacted the Fbi and visited the county Prosecutors Office: If you were scammed by Demarco,Rei please take this advice and do as Mr.Paolucci and Amy and Kim and myself report demarco to the Fbi and Attorney General.

We who were ripped off by Demarco and his Slugs are in for the fight of our lives to save our homes and not become" Homeless " I know that Ed Magedson and Rip off report are the best place to report a Scam because that is why the FBI contacted me.

Many of us are not out of the woods because the Strawbuyers do not care about our homes,Even though they were trying to help ,the homes mean nothing to these investors AKA Strawbuyers.Anthony Demarco [chief Slug} used our rents and equity to pay investors off and than he just let our homes go into foreclosure and than Anthony Demarco filed Bankruptcy.

He used the investors with his line of bull,he forged our signatures copied and pasted them to Government documents.Anthony Demarco owns Bentleys ,Ferraris,homes and we are wondering what is going to happen to us.

The investors do feel bad,but they cannot give us back what Anthony took,they now have ruined credit and are out of options. We were in Foreclosure that is why we signed up for Demarco and his non existent credit repair.

Many of the closings took place at Garden State Land & Title in Moorestown new Jersey ;these documnets state we received cash for the sale of our properties,we did not instead Demarco kept it .

I was advised I was going to be in a whistle blower case against Demarco and possibly get my property back .This did not happen,instead the individual who told me this will not even speak with me . I am writing this because you cannot trust anyone.

Everyone is out for themselves and they will say anything to get what they want. Do not become part of a Scam.There are many legitimate Government plans available now.

There are many law suits filed against Demarco Rei,that is because there are reputable attorneys who are trying to help their clients;unfortunately there are other lawyers that are only looking for $$$$ and do not want any part of this Scam.

The problem  is Demarco swindled the investors,the foreclosure victims and most of his employees.This is all repetitious but I am asking once again please can a loan or law be put in force to help us get back our homes ,we worked so hard and we do not want to lose our homes.

Thanks Ed and all of you at Rip-off Report: Please anyone who can help us it would be graetly appreciated!!!!

Though many have reported the tactics of Demarco,Rei on Rip-Off report I have taken full advantage of this site.I believe we all owe Rip-Off report a great deal of" THANKS" so many were able to expose Demarco and his Slugs thanks to Rip-off report.

The best thing about Rip-off Report is you do not have to pay to get these criminals exposed,you do not have to mail in paper work and wait for someone to read it,you do not have to worry about facts being hidden or trusting the wrong person with Rip-Off report your story gets documented.I have been in bettter sutuations in my life and I do not what is in store for any of us who were scammed by Demarco but Amy,Angel,Kim,David Valerie ,Mr.Paolucci all of Demarco ex-employers were fortuanate enough to get this scam out in the open thanks  to Ed and his great staff.

Rip-Off Report is something that needs to stay around especially in these trying financial times,in the long run Demarco did not get away with it.I am sounding off again becasue there are so many of us that were scammmed and we do not want to lose our homes. Demarco swindled millions of dollars from former home owners and investors and we are in financial turmoil. I am asking once again for a loan or stimulus for us to get back our homes.

Please Hud,Fha can you help us out? The Fbi knows how many were scammed and ripped off by Demarco and there are are also Title companies,banks and mortgage brokers involved,they all got a piece of the pie:Our rent,our equity and Destroyed lives and The American Dream. Please Help us.Thanks Ed and the staff at report for helping to expose this scam..

Last but not least I am sure there may be some honest investors but anyone who is in Foreclosure : REad everything,do not sign anything without your lawyer present.Talk to your lender and do not get Ripped Off .

This scam is so corrupt,Demarco used so many individuals these Scams and transactions were taking place  from 2007 thru 2009 and now Anthony Demarco is most likely enjoying life on some island,in the mean time we are about to lose everything.

This rip-off Report shows the treachery of Anthony Demarco,in this case he put the title in his name after he swindled Mr.Paolucci.Demarco and all his slugs have been reported to the FBI,but do the banks and mortgage compnies know or care that Demarco took our cash from the sale of these homes and also collected rent after he just received the cash from the sale of all these homes??

The Hud Docs states amount to seller 150.191.30 this is fraud,nothing was notarized.Please help save these homes. Demarco not only kept the proceeds from the sales of all our homes he also took rent from us and some individulals received nothing at all and were just everntually evicted.

Please w do not want this to happen to us,equity was stripped,large rents were paid and we never received escrow or reserves. Plese if there is a plan out there it needs to go into place so our homes can be saved.

We paid Demarco ,he lied about credit repair,reserves and a refinance in one year .he did none of this and now these homes are in foreclsoure .I hope there is a Bail-out for us or an emergency loan so we can buy back the homes Anthony stole,Plese anyone Hud,Fha help so we do not lose the American Dream along with our dignity.

Do not let this corrupt scam ruin our lives,we do not want to be disgraced ,we paid the dead beat Denarco,Rei so we will definitely pay a legitiamte Govt.Agency.

Ed and all the staff at Rip-Off I AM THANKFUL FoR THIS WEBSITE all of us have been  depending on Rip-off and Americans really appreciate this Site. We truly  appreciate and  are grateful to Ed  Magedson and Rip-off Report.

You see Anthony and all you Slugs Rip-Off has really  exposed you!! You and all the slime ,I hope you all wind up in tiny little prison cells.

The facts in this report give the scenario that Anthony Demarco and his corrupt organizatiom orchestrated to swindle investors,individuals in foreclsoure and his employees.Demarco did cross state lines he started in New Jersey in 2007 and by January of 2008 he conveniently moved to Pennsylvania continuing the scam.

Demarco kept the proceeds from the sales of the homes and charged exorbitant rents.There was no Escrow  set aside for future payments or unexpected hardships,there was no credit repair.The proceeds from all the transactions were kept by Demarco . Hud documents are fraud ,the documents state we received cash value of the properties.Anthony and his accomplices said that money was being set aside for future problems.

We need help,we do not want to become homeless,these propertie have been stripped of all the equity,not only was rent paid the cash out from all these properties were stolen and the investors who were also swindled have no money and since the homes did not belong to the investors aka straw buyers we will lose the homes that we paid rent and the proceeds from all these homes was stolen and shared by Demarco and his corrupt partners aka Buzz,Eric,Biana,Garden state land and Title company,Kristen,Tripper and Anthony Demarco who is most likely enjoying the proceeds on some far away Island.

This is not a story,this happened to a lot of us.We need help,we do not want to lose these homes,that is why we paid Demarco rent ,the money he recived from the sales of thes homes was suppose to be set aside so we could be home owners again,not evicted . This is not fair,someone needs to step in and propose a Bail-out ,which we will pay back so we do not wind up in the streets.

This is not our fault,this report states how low down these criminals were,Demarco put the deed in his name after he used the investors good credit.I am pleading for help for us all.I am speaking on behalf of us all :If we paid Demarco ,we certainly will pay back the Government. Last but not least many investors were swindled but bottom line is the homes are now in their names but they are not in danger of becoming homeless,the equity was kept by Demarco ,we can't buy back our homes unless we get a loan ,we gave our money to Demarco,Rei.

Our plea for 2010:Help save the homes taht Demarco,Rei swindled PLEASE*******

Ed Magedson and each and everyone of you at Rip-off Report I thank you so much for your site,I think Rip-off is one of the greatest weapons against criminals like Demarco,the internet is by far the best way to expose these Slugs.

Ed and all of the staff Thank you ,I am forever grateful ,Have a great Holiday Season and A great New Year.

Anyone out there who can help it is so much needed,many of us are about to lose our dignity and the American Dream.

For Mr.Paolucci,Roe,Valerie,Kim,Carlyn,Angel ,ex-employees,investors :Justice has been served by the U.S. Government,The Fbi,the Banking Commission ,the Postal Authority and  Anthony Demarco along with 3 of his slugs are exactly where they belong in a cell to rot and think about what they did to us.

This was made possible by Ed.Magedson and his staff at Rip-Off Report.It is far from over but hopefuuly the homes can be saved. The 31 million dollars no one can account for,all that was mentioned was a Ferrari and Anthony Demarcos lavish lifestyle.

Mr.DeMarco did not act alone,there are so many other slugs involved,ther are other title comapnies,notaries, "so-called managers" Eric Havkin ,Buzz Wagenseller,Tripper just to name some.

It is so difficult for all involved since the investors now have ruined credit,for the inviduals who were in Foreclosure :Demarco and the slugs kept the equity and also charged rent,now we are all facing more problems.

I am so grateful to our Government and Rip-off Report for catching some of the low down slugs,however the 31 million dollars is somewhere and if that money could be traced aka found it would help us all so much.

RiP-off Report,Ed and the U.S. Government tahnk sfor the Xmas Gift.I am so proud to live in America where justice i sserved for Demarco and the Slugs.

I am once again extending my thanks to Ripoff Report  and our Justice system Anthony DeMarco is finally behind bars,this has stopped his treachery and stealing but as you can read from this report and all the Ripoff Reports from other victims burned by DeMarco and  for the straw buyers who did not get" paid off" by Demarco ,things are very bad for us.

Mr.Paolucci obviously was not one of the slugs but the banks involved in these rescue transactions are upset and just want the homes back,they don't agree the foreclsoure victims deserve any restitution since we did not have money to pay a mortgage to begin with which led us to DeMarco,Rei  and the banks are also upset because some of the straw buyers borrowed extra money on these loans.

Banks you must understand we the Foreclsoure individuals paid rent and than Anthony Demarco kept proceeds of six figures that belonged to the former home owners,some of the slime straw buyers were paid off so the foreclsoure victims not only paid rent to Demarco but also there homes were switched to the strawbuyers. Isn't this getting burned twice??? 

Banks,The United States attorney please understand: these homes are not just "houses" we in foreclsoure were trying to save the American Dream that we worked for. there were title companies involved in these transactions . Where did all this money go?
"Banks why don't you go after the title companies where all these tranactions took place. Where was the money sent from all the closings,the money certainly did not go to us.
Why do you want to amke us homeless.What about what was taken from us.

We do not want to become homeless,these homes were stolen by some very corrupt individuals along with our homes they stole our equity and our dignity. I am pleading for a Bail out so we the victims of Demarco do not become homeless.

Anthony Demarco is in prison but there is still Biana,Donna,Tripper,Buzz,Matt so many who were involved in this scam.Don't they have money or assetts.Plese find a solution so we do not lose what was taken from us.

There was a Bail Out For General Motors and they are doing very good now !!! Bail out the foreclsoure victims with a hardship loan,we will pay you back . Isn't this much better than the foreclsoure individuals becoming homeless.

This is my plea for help so we do not lose our homes,I want to extend my sincere thanks and gratitude to Ripoff Report your site has made it possible to expose this Scam . We are all so grateful the "Biggest Slug " was caught now let justice be served to the rest of the slugs!!

Thanks Ripoff Report anyone reading this please help save these homes. Thank You.


I understand that some strw buyers borrowed money but don't punish us,help us save our homes.

Over the past 2 years we have learned about "good and evil" good being the likes of Ed Magedson,the great staff at Rioff Report our justice system who stopped Demarco and his slugs right in their tracks.

I am perplexed over certain issues and individuals involved in this scam: Don't get me wrong,we are so satisfied DeMarco was caught but there are still individuals who took a big part in the scam ,enjoyed the profits and are still living very lavish lifestyles with the money stolen from the homeowners.While Anthony DEMarco deserves to be in prison what about all the rest of the slime that forged signatures, sold properties,stole equity do they just get to walk away??? Justice should be served to all the slime involved in this scam. Anthony DeMarcos Ferrari was 242,000 .

DEMarco and his slugs scammed 120 homeowners, 31 million dollars was scammed ,the slugs that are not in jail are enjoying our money. I have confidence in our Justice system and I am hoping justice will also be served for each and every slug who tried to take away the American Dream and destroy the lives of individuals who were alredy facing hardships.

Each of you know who you are and I am confident eventually Justice will ve served. Once agin thank you Ed and your staff, without you guys and the FBI none of the slugs wouls have got caught.

For the rest of you and you know who you are, eventaully you will all get caught,just a matter of time and yes we do have the internet and Ripoff Report.

I do mean to be sarcastic but it is sickening what some people try to get away with. Thanks Ed and the Justice system we are ecstatic Anthony DeMarco was caught. Too bad so many slugs and low lifes are still lingering,

It took the Ed Magedson and the internet along with the Fbi and our Justice Department to put Anthony Demarco behind bars.
Justice somewhat prevailed but while Anthony and 3 of the other slugs sit in jail,Biana DeMarco ex wife is spalshed all over the internet aka Phillys Fashionista,Biana has also been cited as being a strawbuyer in the alleged scam.

Than there is Tripper who worked for Demarco and was very much involved and also Donna who just happens to be Trippers mom. DeMarco and his partners recieved aka stole millions of dollars in equity and rent from the foreclosure victims,to make matters worse our homes were sold to "investors aka Straw buyers" .

The plot thickens, some of these straw buyers not only received a pay off of 10,000 or more many of the straw buyers also borrowed extra money against the loans. The title companies involved in this alleged scam also charged exorbitant closing fees and all the money from these closings was wired to DeMarco,REI.

The last part of this disaster is the banks do not believe teh foreclosure individuals should get a chance to save their homes since they did not have money to pay a mortgage to begin with so why would we have money now.

Ripoff Report has been posting exactly what DeMarco did and so have many reputable newspapers the Asbury Park Press,The Philadelphia Inquirer.   DeMarco and his partners in crime stole 11 million dollars from homeowners!!!

We were robbed,we paid rent,some of the starw buyers were paid off and no we should jsut lose the homes. Yes we were in foreclosure but our homes and equity were stolen. I am thankful DeMarco is in jail but for all the banks involved go to SearcH engine and Garden State Land and Title ask where all the millions went and what about the clsoing fees??

We need a bail out and if this could be worked out we would pay it back we don't deserve to be pushed aside. What about Biana and the straw buyers who received money from the homes taht were suppose to be saved??

"Banks : Please try and see it from our side, we were screwed more than anyone and  we just need that bailout so we can get back our homes.

Once again Ed thank you and also your staff for RipOff Report thanks to Ripoff:They did'nt get away with it!!!

Ripoff Report along with the FBI and the United States Attorneys Office helped catch DeMarco and the slugs,however it does not look good for many of us who were scammed by these predators.

Ocwen along with Freddie Mac was going to try and "Help Save Our Homes  if Feasible"
Unfortunately  Freddie Mac nor Ocwen can offer any resolution or offer a new loan.

Rather than rehash this Scam ,all I am asking is PLEASE don't take my house or any of our homes away. Mediation is going to take place soon and it would be graetly appreciated if a loan can be offered so we don't lose our homes.

Anthony Demarco took our equity and also any cash back he gave us. Why do we have to lose our homes? Many of the Straw buyers received cash for our homes and also rent. Why can't someone help us ?  I will say it one more time PLEASE BAIL US OUT? I do not want to lose this home, I worked 30 years and 150,000 in equity was stolen plus 2900 a rent was paid.

United States Government  I am asking on behalf of us all Please Give us a chance to redeem ourselves and give us a loan so we can get back our homes.

Our credit may be destroyed but we paid Demarco and he took our rent and our equity.

Can't you please Help us????????  I am working very hard and am back in school so I can make more money to get back my home.

I will pay you back,I paid Demarco ,Can someone please try and help us ? We are asking for teh Government to please help us get back our homes.

I am crying and praying for help from tHE Government,on behalf of all of us scammed by DeMarco:
Plese help us save our homes, Please don't take our homes away. Give us the chance that Anthony DeMarco took away.

Thank you Ed and all at Rip Off Report,Plese help save my home and give us a bailouttso we do not become homeless.

How much help do you really want? Let's consider some issues: most importantly, your was either in foreclosure or about to be foreclosed on when you contacted or were contacted by Demarco rei. That means you were not paying your mortgage and the sheriff would ultimately come evict you so that you house could be sold to satisfy the outstanding debts on your home, ie, 1st mortgage, 2nd mortgage, home equity loans etc. Your home was then purchased by a straw buyer and your outstanding debts which were in arrears were satisfied. You currently remain in your home I take it and haven't paid a nickel toward and debts/ rents in years. The deed to the straw buyers, I'm sure, was voided by the court because the sale was consummated fraudently. The new mortgage that the straw buyer unknowingly obtained in his/her name was most likely voided as well.

Demarco and his cohorts sit in federal prison awaiting trial for a slew of white collar crimes. He will most likely send the next decade or two of his life in prison. So what, then, is to be done with the innocent homeowner begging fr more and more assistance ? What do you want? Your equity was not stolen because you remain the owner of the home because any new deeds and mortgages were obtained by wy of fraud. The banks that funded these deals are the ones left holding the bag. Many of the banks involved in these transactions are in bankruptcy due to the implosion of the housing market.

What is fair? Certainy it is not fair to allow a reason who was previously in foreclosure to be given their home free and clear for falling victim (and I think the homeowners do possess some fault for the happening of these transactions - simply speaking, obviously Demarco is not a charity, so you think someone would ask, how can he afford these seemingly worthless deals. Something doesn't smell right) to this scam.

Should the homeowner be placed back in the same position they previously were in and would have continued in should these frauds not occurred? That sounds a bit fairer. Treat them as if the whole mess never happened - reinstate the old loans and deeds,and they go right back into the same position they were before picking up the phone to speak with Demarco that day.

The other question? What has the homeowner done to change their position over the last several years? My guess based upon the tone of the above posts - nothing. The homeowner is sitting and waiting for someone else to come and bail them out. At who's cost? Your looking to the federal govt fir help, that means the cost will be borne upon taxpayers. You can't get a loan now for the same reason you.couldnt pay your mortgage then. You're a risk investment and no bank will voluntarily step up and give you money. I think that we should let the markets play out as they would have without interference by fraudsters. As sad as that sounds, it's only fair. The housing market must correct itself. Think of all of the people that have been thrown out of their homes years ago because they were foreclosed on, why should Demarco victims be treated any different. If you think about it, Demarco has followed through on one of his many promises to date - his victims/clients are still in their homes albeit rent and mortgage free.