Cops took cash bribes in credit repair scam, according to federal government
News from Local 10:
Several Miami-Dade police officers are being targeted by the federal government after they took part in a credit repair scam in which they allegedly wrote phony crime reports in exchange for cash bribes, according to federal court records.
So far only one cop, Miami-Dade Officer Rafael Duran, has been charged in the scheme, but according to federal prosecutors, multiple police officers working for more than one police department in Miami-Dade accepted bribes in the scheme, which was orchestrated by now-imprisoned “credit doctor” Vanessa Perez, aka Vanessa Ortega.
Perez allegedly paid Duran and other police officers to write up false reports, indicating that her customers, who were looking to clean up their credit records, had been the victims of identity theft. Perez would then submit the phony reports to credit rating companies like Equifax, which would in turn issue the customers good credit based on the fraudulent reports.
“Perez obtained many of these false police reports by paying monetary bribes, directly and indirectly, to police officers employed by police departments in Miami-Dade County,” according to federal prosecutors in court records. “In return for these monetary bribes, police officers created the police reports that falsely reported the alleged incidents of identity…………… continues on Local 10
6 Ways You’re Sabotaging Your Credit Repair Efforts
News from Valley News:
Although the financial climate is improving and unemployment rates continue to drop, many consumers are struggling. Last year alone, U.S. courts reported nearly 1 million cases of Chapter 7 and Chapter 13 bankruptcy filings.
How does a financial hardship like bankruptcy affect your long-term credit health?
For one, the damage can remain on your credit report for seven to 10 years.
If your credit is severely damaged because you filed for bankruptcy or for any other reason you can still take steps to repair it. In order to do so, though, you need to make sure you don’t hurt your credit even further. Avoid sabotaging your credit repair efforts by steering clear of these common pitfalls.
Failing to Budget
Where does credit repair begin? With a budget, of course. You wouldn’t travel without a map, and you shouldn’t spend money without a game plan. Creating a budget allows you to identify:
∎ Spending and saving habits.
∎ Areas that need improvement.
∎ Progress over time.
Depending on your motivations, the sum of these factors can help or hurt your credit. Gather the facts, and begin tracking…………… continues on Valley News