California Real Estate Fraud Report

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17
Jun

Tony Havens indicted (again) for real estate fraud

Tony Huy Havens, 36, already a convicted criminal (see earlier article in the California Real Estate Fraud Report) has been indicted on 30 charges by a federal grand jury, according to U.S. Attorney Benjamin B. Wagner.

Havens, of Modesto, California, faces possible conviction on wire fraud and criminal forfeiture after seeking investors in at least eight states for high-end construction projections that were in financial distress. He gave potential investors copies of fraudulent documents purporting to show that a lender was going to make a loan to the investors pending receipt of advance fees. Havens is accused of victimizing at least 15 borrowers by collecting advance fees of at least $248,750 by wire transfers but never extending the loans.

If convicted, Tony Havens could be sentenced to 20 years in prison and a $250,000 fine on each count. Havens was investigated by the FBI and the Stanislaus County District Attorney’s Office.

Read the full article on Web News Wire.

© Copyright 2007-2017 Monique Bryher

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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