Updated 07/30/2010 04:43 PM
Volunteers Educate Queens Residents About Foreclosure
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Volunteers at the Department of Consumer Affairs are biking through the city to help people facing foreclosure avoid being scammed.
Bikers were in Jamaica, Queens this morning, one of the hardest hit by the housing crisis, trying to educate people to look out for scammers and recognize their tricks.
The DCA says advertisements that ask for money up front or guarantee results are most likely fake.
"We find areas that we have reports about high risks of foreclosures, high-risk neighborhoods, and we get out, get out on foot and search and report these advertisements,” explained volunteer Dan Chertok.
Officials say there are other things people can do to get out of financial distress.
After locating these false advertisements, the volunteers report them to the Department of Consumer Affairs. The city says some of these ads violate the law.
"There are signs all over the neighborhood promising things that sound too good to be true and, in most cases are; very, very low interest rates,” said DCA’s Amelia Erwitt.
The DCA's Research and Investigations Unit follows up to make sure the offers are legitimate.
"We're really trying to make sure the advertisements that are out there, that the companies that put them up, are legitimate companies,” Erwitt said. “That they are complying with city law."
Jamaica residents who spoke to NY1 said they are all aware of the scams.
"That's illegal,” said one local resident. “They should be reprimanded. That's the law."
"Anything that sounds good, isn't good,” said another.
The bike riders will be on the streets over several weekends.
If you want to help, you can email volunteers@dca.nyc.gov.
For more information about the city's free counseling programs, go to nyc.gov/protectyourmoney or call 311.