Report: #1042697

Complaint Review: FTB Securitization Auditing - Valhalla New York

  • Submitted:
  • Updated:
  • Reported By: Honest Abe — Bronx New York
  • FTB Securitization Auditing
    11 Lake Ave Ext suite 2f Danbury Ct 06811
    Valhalla, New York
    United States of America

FTB Securitization Auditing Pillow Foundation Foreclosure SCAM, Mortgage Fraud, deceptive practices Valhalla, New York

*Author of original report: Please Call Me

Show customers why they should trust your business over your competitors...

Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..
    This group is everything a homeowner in distress should stay away from. The company screams of scam. They have no idea what they are doing other than making false promisses to clients and putting homeowners in more trouble then when they started. They have promised some relief when there was no trouble to begin with. They have had many names over the last several years, The Pillow Foundation; Azzur Holdings, Ruzza Property Group, Terra Foundation and now FTB. This is the 3 relocation of the group in as many years. Thismove must have been inspired by the raiding of the offices by the Westchester County DA some time last year. They told homeowners that their homes were securitized (they dont even understand what that means) and told them to stop making mortgage payments, they then filed bogus mortgage discharge papers and canceling of lis pendence which gave the apprearence of clear title. These people sold their homes or others purchased them, while others refinanced, each time the group headed by John Ruzza, lined their pockets. We are talking millions of dollars.

    The first give away that they are a fraud is that they charge a "success fee" for helping "save the home from foreclosure", only an attorney can do anything remotely like that and they dont. FTB are not attorneys yet they dispense legal advice like candy. FTB is not an actual auditing company, they just buy audits from other companies around the country. They seriously over charge for those audits as well. They are a bunch of uneducated clowns pretending to be a homeowner's savior. What a joke.

    The attorney they currently use in Ft Lee probably has no clue exactly what he is dealing with or how many violations of the law Mr. Ruzza and his cohorts have performed. They are the worst possible form of scammers, they prey on the distresses homeowner, without any real regard as to what the outcome is, the group is just trying to collect new clients to pay back money they still owe old ones. can you say PONZI! This attorney is just another in a long line of attorneys that this group has blown through. I am certain when he discovers that Mr Ruzza collects legal fees and does not pass them onto the attorney in full he will denounce the glowing review of FTB he put in the video. 

    I have found, by speaking with other clients of this group, that everyone who was part of that group as an "owner" has either been in trouble with the law or has done time for fraud or embezzlement including Mr Ruzza. Bruce Lewis in Washington State, did time for defrauding the government, Jacqueline Graham in PA is a scammer herself currently running from the law & clients she took money from, Chris in CA along with the Bishop John DiCiara who started this fiasco were under Federal investigation yet Mr Ruzza (who did time for embezzling funds when he was a builder) continued to do business with these people.

I have been taken advantage of by groups like this one and others I know have been hurt by this particular group. Before you give any money to a group that is promissing you what you want to hear, remember, there is no majic paperwork, there is only the law. No matter what people like this tell you, you will have to go to court at some point, they can not go for you. There are plenty of free services and non profit groups waiting to help as well as many very real companies that provide these audits for attorneys. Do your homework before you start making monthly payments to people like Mr Ruzza or "paralegals" like Ken Frank.

This report was posted on Ripoff Report on 04/12/2013 07:22 AM and is a permanent record located here: The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
Also a victim?
Repair Your Reputation!

Updates & Rebuttals


#1 Author of original report

Please Call Me

AUTHOR: Rocco - ()

To anyone who feels they were ripped off as a result of the groups named above, please contact me. I am Rocco C. If you are filing a law suit against them or if you are trying to take care of your foreclosure proceedings, call me. If you feel they dropped the ball or scammed you, call me. If you feel that I wronged you in any way, please contact me directly so we can open a dialog to work to resolving any issue you may have. I only wish to help those who feel that they were taken advantage of by the following groups; Pillow Foundation, Pacific Blue Holdings, Azzur Holdings, Ruzza Property Group, Terra Foundation or FTB securitization Auditing. These groups are responsible for taking hundreds of thousands of dollars, possibly millions, from distressed homeowners. 

To Honest Abe, your information is not totally accurate. I am not saying that everyone you named is not somehow responsible or liable to some degree, just that, the liability is not equally spread. I believe that all of the attorneys involved were used as pawns until they woke up and walked out. I believ that some of the partners were not part of the improper handleing of peoples money. That almost exclusively rests in the hands of the person who got the money first. For example, Ms Graham in PA was not aware of much of the money that came in as well as Mr Lewis. THey were a big part of the situation but I do not believe they were the direct reason for what happened. However, make no mistake, everyone who was an owner at any given time received a lot of money that they never provided anything for. For that, they will have to answer to someone.

Also, since you decided to write this, I am glad you did, I have become a target of retalliation from the group. Apparently they believe we are one and the same. Many of the people involved are either innocent bystanders or pawns. I'm not sure which catagory I fall into. You are welcome to contact me or anyone who feels that they were harmed by the group or even an action I had taken prior to leaving the group. My direct number is (((REDACTED))) I would be more than happy to speak with you and help straighten out any issues or concerns as well as guide you in the right direction to resolve those issues judicially. I am certain that I just opened myself up to more harrassment from the individuals involved in those groups, but I will no longer sit by and allow this to continue. I will not allow my reputation to suffer because of the ruthless and dispicable actions of others.


Rocco A C

(I don't hide, when I write something, I sign it)

Respond to this report!