Attorney General Catherine Cortez Masto announced that more than 1,500 people will receive foreclosure relief payment checks totaling more than $ 3 million stemming from a multistate settlement reached in principle with Countrywide and previously announced by this office on October 6, 2008. All eligible Nevada consumers received claim forms and instructions in 2009.
Attorney General Catherine Cortez Masto's Bureau of Consumer Protection, in conjunction with the launch of the 12th Annual National Consumer Protection Week, March 7-13, 2010, is issuing a series of daily consumer advisories. The theme of the Consumer Protection Week is Dollars & Sense: Rated "A" for All Ages.
Catherine Cortez Masto has aggressively pursued those who seek to defraud Nevada's citizens with deceptive trade practices and by stealing identities and sensitive credit information.
Her office oversees the state's Bureau of Consumer Protection. They have filed numerous successful lawsuits against companies for violations ranging from charity phone scams and fraudulent real estate transactions.
During the recent economic downturn, Cortez Masto's office has been investigating and prosecuting those attempting to take advantage of Nevada's unprecedented foreclosure crisis. She has personally held seminars and discussions in every part of the state to make residents aware of this growing problem. During the 2011 Legislature, her office will propose even tougher restrictions to make sure Nevada residents are protected from fraudulent lenders and phony mortgage restructuring scammers.
Cortez Masto's direction, the Attorney General's office has also taken a hard line on the crime of identity theft. Her office pursued and strongly supported successful legislation in the past two legislative sessions to strengthen state laws for this terrible crime. The Attorney General's office also held an Identity Theft Summit with local law enforcement officials to make sure all agencies were aware of the latest techniques in fighting this growing problem.