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The loss to the public from loan-modification cases is in the millions of dollars, State Bar officials say. Most of the attorneys under investigation are from Southern California, but many of the victims live in the central San Joaquin Valley, enticed by loan-modification companies that advertised on the Internet.
“It’s the most disturbing thing I’ve seen in the legal profession practicing for more than half a century,” said Howard Miller, president of the California State Bar.
That’s not aggressive bill collection, that’s racketeering.
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