California Real Estate Fraud Report

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16
Sep

Rollo Norton Co-conspirators Sentenced in Real Estate Fraud

Two men who were described as minor players in the large-scale financial fraud master-minded by convicted fraudster Rollo Richard Norton II were received their sentences. U.S. District Court Judge Marilyn Huff, who had previously sentenced Rollo Norton, imposed a five month prison sentence on Todd Johnson, 38 and three years probation on Scott Greer, 33. Both men must serve halfway house time and Judge Huff ordered Johnson to pay $92,828 in restitution to two of his victims.

Norton, whose fraud has been written about on earlier posts on this blog, pleaded guilty to grand theft in relation to a condominium project in which he had taken out loans using his investors names without their knowledge or permission. Greer also pleaded guilty to grand theft; Johnson to making a false statement on a loan application as part of his work for Norton. 

Read the full article in the Ramona Sentinel by Neal Putnam.

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