Federal and State Agencies Target Mortgage Foreclosure Rescue and Loan Modification Scams

Operation Loan Lies Aims to Help People At Risk of Losing Their Homes

Media Advisory

As part of a federal/state law enforcement initiative, the Federal Trade Commission will hold a press conference in Los Angeles, California, on Wednesday, July 15, 2009, at 10 a.m., Pacific Coast Time to announce an effort to crack down on mortgage-related scams. FTC Chairman Jon Leibowitz and California Attorney General Jerry Brown will be available to answer reporters’ questions.

WHO: Jon Leibowitz,
Chairman of the Federal Trade Commission

Jerry Brown,
Attorney General of California

Rene Ruelas,

WHEN: Wednesday, July 15, 2009,
10 a.m., Pacific Coast Time
WHERE: California Dept. of Insurance briefing room
Reagan State Office Building
First Floor
300 South Spring Street
Los Angeles, CA

Call-in Information: Reporters unable to attend the event can call in. The phone number is 866-363-9013, the confirmation number is 20380727. The lines, which are for media only, will open at 9:45 a.m. PST. (NOTE: In order to join this conference call, all speakers and participants will be required to provide the Conference ID Number.)

Video Information: In English and Spanish, broadcast-quality versions of new FTC videos to help people avoid mortgage-related scams and find legitimate assistance will be available at:

1:00-1:30 EDT GAL28 / 12 C (DL3940H) DAILY WINDOW
3:00-3:15 EDT AMC3 / 15 C (DL4000H) DEDICATED

PRESS CONTACT: Office of Public Affairs


Contact Information