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Published on March 13, 2025
Arizona Attorney General Kris Mayes Sues Real Estate Operators for Defrauding Homeowners Facing ForeclosureSource: Wikipedia/Gage Skidmore from Surprise, AZ, United States of America, Please attribute to Gage Skidmore if used elsewhere., CC BY-SA 2.0, via Wikimedia Commons

Arizona Attorney General Kris Mayes has filed a lawsuit against individuals accused of deceiving homeowners facing foreclosure. The defendants, including Cameron Jones of Gazelle Investors and Samuel Sutton of Magnum Financial, are alleged to have misled homeowners and taken their equity while claiming to offer assistance, as reported by the Attorney General's Office.

The Arizona Attorney General's office has announced legal action against individuals accused of posing as representatives of a non-existent charity called "Arizona's Helping Hands" to target homeowners facing foreclosure. According to the Attorney General's Office, the scheme involved high-pressure tactics and fraudulent contracts that were often illegal under Arizona law. The operation also included law firms and title companies that processed questionable transactions. Attorney General Kris Mayes stated, "This scheme relied on an entire ecosystem of supposedly legitimate businesses to put a veneer of legality on blatant consumer fraud."

Arizona Attorney General Kris Mayes announced legal action seeking civil penalties, corporate dissolutions, and a ban on the defendants from participating in real estate transactions within Arizona. Mayes stated, "If you are victimizing homeowners, we will stop you and recover what you stole." Homeowners are advised to be cautious of unsolicited offers and are encouraged to report related experiences to the Attorney General's Office.