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Police Investigating Alleged ‘Refinance Scam’ in Riegelsville

With interest rates at much higher levels than they were a year ago, fewer homeowners are opting to refinance their mortgages. But police say that hasn’t stopped someone in Riegelsville from allegedly attempting to perpetrate a refinancing-related scam.

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Riegelsville
Above, a view of the center of Riegelsville at Easton Road (Rt. 611) and Delaware Road, looking south on Easton Road.

 

With interest rates at much higher levels than they were a year ago, fewer homeowners are opting to refinance their mortgages. But police say that hasn’t stopped someone in Riegelsville from allegedly attempting to perpetrate a refinancing-related scam.

According to a news release issued by Pennsylvania State Police at Dublin Thursday, the suspect in the case they are now investigating “is fictitiously using a mortgage company name to attempt to collect tax information to process a refinance for a property.”

Police said they were alerted to the alleged “refinance scam” by the Riegelsville tax collector, who reported it to them on Aug. 10.

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Anyone with information they believe may be relevant to the investigation should contact troopers with the PSP-Dublin barracks at 215-249-9191.

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Author
Josh Popichak

Josh Popichak is a veteran local journalist with an extensive background in print and digital news. A Bethlehem native, he has a Bachelor’s degree in history and has maintained a lifelong affinity for the subject. He founded Saucon Source to fill a need for independent local journalism, which has thrived with the support of an engaged, enthusiastic readership. He thanks the community, whose continued support makes this site possible.

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