California Real Estate Fraud Report

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23
Jun

Former Los Angeles Housing Authority Official Arrested by FBI

The FBI has reached into Guatamela in order to arrest a former construction official with the Los Angeles Housing Authority who, along with his two brothers, was sued by that agency for billing it for construction work that was never performed.

Victor Taracena, a fugitive, worked at the housing authority from 2003 to 2007. He has pleaded not guilty to bribery and conspiracy, although his brothers Diego and Bennett Taracena have entered guilty please and each been sentenced to 21 months in prison.

Diego and Bennett created construction companies and billed the L.A. Housing Authority for the non-existent work, a portion of which was returned as a kick-back to Victor Taracena.

Although the agency’s lawsuit against the Taracenas was successful, no monies have been collected to date.

Read the original article in the Los Angeles Times.

© Copyright 2007-2017 Monique Bryher

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