Dec
07

New Mexico Businessman Accused of Deceiving Low-Income Home Buyers

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A New Mexico businessman claimed to help low-income Spanish-speaking families by finding them foreclosed homes to buy and, in some cases, financing the deals.

But the state’s attorney general on Wednesday said that Jesus Cano of Albuquerque deceived dozens of consumers by misrepresenting the conditions of the often poorly maintained homes he sold. Sometimes Mr. Cano sold houses he did not even own, the attorney general said, and at other times he tried to sell the same property to more than one family simultaneously…

New Mexico Businessman Accused of Deceiving Low-Income Home Buyers

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