California Real Estate Fraud Report

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10
Oct

Santa Barbara Man Convicted of Real Estate Fraud

Walden Williams, who was prosecuted for lying to purchasers of real estate lots in the Dominion Road Ranch Subdivision by telling them that water came with the lots, has been convicted.

According to Santa Barbara County District Attorney Joyce E. Dudley, Williams was found guilty of all charges in this real estate fraud case, which included two felony counts of grand theft, two felony counts of sale of land without a public report, and one misdemeanor count of false advertising. The jury also determined that Williams had stolen more than $200,000 from the people he victimized.

Walden Williams will be sentenced in November, at which time he could receive a prison term of over eight years.

Read the original article in Edhat Santa Barbara.

© 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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