Vigilante Justice in Mortgage Mod Business

Hat tip to Cyberhomes Blog for pointing me to a Reuter's article about five people arrested in California for torturing two men in the loan modification business. The men were lured to an office, tied up and beaten. One escaped, and authorities were alerted, arresting those allegedly involved.

It seems that those doing the torturing believed they were swindled in a loan modification scheme. People in trouble with their mortgage are in a vulnerable position, and there are plenty of schemes out there to get their money. Though they could go to prison for life, maybe their actions will bring more attention to the problem.