A Clark County grand jury indicted two Las Vegas men on several felonies in connection with their operation of a mortgage lending fraud scam, Nevada Attorney General Catherine Cortez Masto noted this week.
A three-count indictment for each defendant was returned by a grand jury, charging two Las Vegas men: James Timothy Malis, 66, and his son Nicholas Malis, 37.
Operating under the name Home Defense Foundation (HDF) and Legacy Group International (LG) International, Nicholas and James Malis allegedly pushed a “qualified written request” and “real estate mortgage investment conduit investigation” service promising clients this service would uncover various violations, including the Real Estate Settlement Procedures Act, the Truth in Lending Act, the Fair Credit Reporting Act and/or the Fair Debts Collections Practices Act.
