AG Kris Mayes announced a lawsuit against multiple individuals and companies accused of orchestrating a widespread equity-stripping scheme that defrauded Arizona homeowners facing foreclosure. The lawsuit, filed in Maricopa County Superior Court, alleges violations of Arizona’s Consumer Fraud Act (A.R.S. §§ 44-1521 to 44-1534) and Racketeering Act (A.R.S. §§ 13-2301 to 13-2315). “For far too long, these bad actors have preyed on Arizonans in distress, stealing the hard-earned equity in their homes through deception and fraud,” said Attorney General Mayes. “These homeowners didn’t just lose their homes—they lost their best chance to rebuild their lives. Let me be clear: if you exploit homeowners in their most vulnerable moments, my office will find you, hold you accountable, and ensure justice is served.”

Attorney General Mayes Sues Real Estate Operators and Title Companies for Defrauding Arizona Homeowners | Arizona Attorney General