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First Metro Real Estate ServicesContinental Reo Group

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Carl - 07-17-2012

Surprise..surprise..fraudsters are back in business under the name First Metro Real Estate Services LLC. They are affiliated with Continental Reo Group (888-816-1590). These days they are soliciting investors to buy homes in Detroit, Michigan for 10K or so..and then they ( Reo Group) will sell the house "quickly" at auction. where the investor will gain a profit.
Of course after your initial investment you will be hounded to invest more...10k is just the catch.. They apparently have offices in New York and Florida (Boca Raton).

I received several investment/telemarking calls from this operation and they don't have a website.. ( or one that creates any sense of legitimacy).. I believe that one of the salesmen mentioned something about Safe Harbor reality being a parent company? which further clouds the already murkey waters. I would certainly stay clear of this operation. It me some time to find to do due diligence on this outfit and I didn't find much.

Caller type: Scammer
Caller: First Metro Real Estate ServicesContinental Reo Group
Company: Real Estate ServicesContinental Reo Group
Number: 888-816-1590

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