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Friday, April 27, 2012 02:17 PM

NCRC Files CFPB & FTC Complaints Against Adrian Cronauer of Good Morning Vietnam Fame

Washington, DC -- The National Community Reinvestment Coalition (NCRC) has filed complaints with the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) against Adrian Cronauer and the Cronauer Law Center. Mr. Cronauer, who is best known as the radio disc jockey who inspired Robin Williams' character in the film Good Morning Vietnam, now runs Cronauer Law Center, a Washington, D.C. based law firm. NCRC's complaints allege that Mr. Cronauer and Cronauer Law Center have intentionally misled consumers through misrepresentations and deceptive and fraudulent loan modification and foreclosure prevention practices.

NCRC President and CEO John Taylor made the following statement:

"Scammers who cause injury to homeowners under the guise of offering assistance must not be tolerated. The rules apply to celebrities as well. We believe Mr. Cronauer and the Cronauer Law Center to be in violation of the Federal Trade Commission Act, the Mortgage Assistance Relief Act rules, and other state and federal laws. We look forward to regulators reviewing our complaints and investigating this important matter further."

"The unfortunate reality is that law firms are culprits in a growing number of mortgage scams. In addition to legal action, we're calling on the American Bar Association to police its members," said Taylor.

Homeowners who are at risk for foreclosure should contact HUD-approved housing counseling agencies, which do not charge for foreclosure counseling. NCRC's HUD-approved Housing Counseling Network can be reached at 1-800-475-NCRC.

NCRC's full complaints are available here.

 

About the National Community Reinvestment Coalition (NCRC):
The National Community Reinvestment Coalition is an association of more than 600 community-based organizations that promote access to basic banking services, including credit and savings, to create and sustain affordable housing, job development, and vibrant communities for America's working families.  

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