Like thousands of others in Stockton, the retired Tinney faces declining value in his home and was struggling each month to make mortgage payments. He wanted to modify so badly, however, that he fell for a scam – and it cost him $2,900.
The 66-year-old Tinney leads a list of 15 Stockton residents who allege a Southern California man named Paul Killmar bilked them for more than a combined $50,000 by charging upfront fees for forensic loan audits on their mortgages. There could be others, too.
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We were scammed by Paul Kilmer of ABS Business Solutions. We were approached by a representative in Arizona that they would perform a forensic audit and had already reviewed our documents showing there were multiple violations and we would be able to recover substantial damages. We paid them $4000 up front. They have never provided any services. We have called, written and emailed them multiple times with no response. We will be taking action against them and urge others to do so too.
What most people don’t realize is that Paul Killmar worked with Jack Conte of Mortgage Audit Service. Paul would bring in the business and then forward the files to Jack for “handling”. In fact Jack Conte has hundreds of Paul Killmar files in his office. Together they would scam the clients out of money. Jack would do an audit which consists of nothing more than a few sheets of paper which won’t even hold up in court. Jack claims to have done thousands of audits however he has helped very few people with their loans. I am happy to hear that Paul Killmar has finally been exposed for the snake that he is and it’s due time that Jack Conte is exposed as well. Chances are, the paperwork of the clients of Paul Killmar is actually sitting is Jack Conte’s office in a dead file somewhere. Give him a call and find out 1-800-990-9023. Prepare for him to feed you some BS about how Paul scammed him as well.
Jack Conte of Mortgage Audit service ripped off my neighbor out of a lot of money. He talked her into sending in her loan documents and paying over a thousand dollars and she ended up losing her house. Jack Conte is a crook.
The same thing happened to my brother. He was out of work and fell behind in his mortgage and called Jack to help him. Jack said to send in loan documents and money and he did nothing to help him. He knew he was broke and behind in his mortgage yet he took his last $1200. My brother lost the house and Jack didn’t care as long as he got his money. He needs to be exposed for the crook that he is.
ABS isn’t the first or last to do such scams. Our own Government is in on it. The Loan Modification program set forth by Obama is the worst of all. Tax payers foot the bill for a phony “fix” with a loan modification that only prolongs the Foreclosure process, but will not stop it. It’s money thrown at attorney’s that basically do the same as ABS, but for lots more.
I actually worked for ABS, but I had suspicion when someone mentioned prior offenses of Paul Killmar, and I quickly left.
I had a similar experience with a company called PRG Systems that did the same but did not label it with a Mortgage Audit, rather put bids on the homes of “clients” to offer it back to them at a lower price of what they paid, but still unaffordable to the “client”. PRG then sold the homes to make a gain off of someone else’s money (sounds like an un-verified bank to me).