General World News

In Chicago, a reverse mortgage scammer left a lasting scar

Mark Diamond has been sentenced to 17 years in federal prison for his crimes against elderly homeowners, but the scars from the damage he inflicted across the Chicago metro area are still visible.

A recent report from a local publication, the South Side Weekly, detailed one family’s struggle to recover from Diamond’s scams. Louise Minter was tricked into taking out a reverse mortgage and had her home equity drained, something Diamond did to “more than 100 elderly and vulnerable homeowners” as far back as 2003, federal prosecutors and housing officials said after his sentencing in January.

Minter died several months details ⇒

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