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Mortgage ‘rescuer’ preyed on immigrants, clients allege - Chicago Tribune

By admin | May 3, 2010

Mortgage ‘rescuer’ preyed on immigrants, clients allege - Chicago Tribune
Mortgage ‘rescuer’ preyed on immigrants, clients allege
Immigrants sue and say they were misled into surrendering deeds to their homes
May 02, 2010|By Antonio Olivo, Tribune reporter

The accusations that have piled up against Eliseo Carrillo run counter to the image the Chicago entrepreneur cultivated as a champion of Latino immigrants.

As the housing market weakened in recent years, Carrillo’s smiling face appeared on billboards throughout the city’s Mexican-American neighborhoods. Spanish-language TV commercials featuring Mexican music and Carrillo wearing a stylish cowboy hat promised that his real estate companies — all using the name “Protecta” — were friends and guardians of immigrants in need.

Topics: REAL ESTATE FRAUD |

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