Torrance real estate agent Jong Hwan Huh, 47, has been arrested by the Lomita Sheriff’s station for defrauding seven of his clients out of more than $400,000.
Huh, aka David Huh, was charged with 17 counts of grand theft, forgery, issuing iad checks and cnhancements for aggravated white-collar crime by the Los Angeles County District Attorney’s Office.
Detective Ron Sabatine from the Los Angeles County Sheriff’s Department, when questioned about David Huh’s alleged crimes, said “Although there were variations in the schemes, they all involved obtaining money from the victims for real estate purchases or leases, and misappropriation of money.” Investigators believe Huh spent his victims’ money on gambling at local casinos instead of investing it in real estate (real estate fraud).
Huh is (or was) employed by Masters Realty Group. His license with the California Department of Real Estate (DRE) is in a non-working status.
The Los Angeles County Sheriff’s Department Commercial Crimes Bureau, Real Estate Fraud Unit, can be reached at (562) 946-7217.
Read the original article in the Los Cerritos Community News.