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ePrize Create Skunk Works To Develop Online, Mobile Marketing Products

Interactive Promotions Leader ePrize on Monday announced the introduction of a product development division that will drive the invention of new online and mobile marketing products. Led by Senior Vice President Drew Bennett and other hand-picked senior leaders from within the ePrize team, the 22-member team acts as a research and development division within the company.

The division?s first innovation is ePrize Secured, a product clients can use in conjunction with ePrize interactive promotions to signify data security and integrity, similar to the VeriSign seal.

On the back end, ePrize clients can benefit from this new offering by coupled with ePrize?s Secure Anti-Fraud Environment technology built into ePrize Secured promotions. For promotions participants, this seal increases comfort with entering personal information and creates enhanced legitimacy for the promotions.

June 18th, 2008 Posted by edtposter

General, Business, Market & Advertising no comments

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Nine Indicted In Mortgage Fraud Scheme.

Nine people have been accused in a $25 million mortgage fraud scheme in which the value of more than 500 real estate properties in central Ohio was exaggerated to mortgage lenders and to prospective buyers, authorities said Wednesday.

The nine recruited inexperienced potential buyers, counting on their relative ignorance with real estate to hide the scheme, according to the indictment by the federal grand jury. The defendants are accused of using fraudulent documents to misrepresent the buyers’ credit to lending institutions and then obtaining mortgages secured by the inflated value of the properties.

Potential buyers were told they could buy property with no money down and that they wouldn’t be responsible for monthly payments or repairs, according to prosecutors.

June 18th, 2008 Posted by edtposter

Real Estate no comments

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