California Real Estate Fraud Report

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14
Aug

Inland Empire Man Discovers Acquaintance May Have Bought House in His Name

An unnamed man is the victim of a “friend” who allegedly befriended him in 2007, offered to help him qualify for a home loan and then according to authorities used the victim’s information to buy a home for himself (loan fraud, real estate fraud).

Ruben Oscar Palagonia, a 67-year-old San Bernardino resident, has been arrested and charged with identity theft, forgery and recording false documents.

According to Investigator Ed Nyberg with the San Bernardino County District Attorney’s Office, the investigation by the Real Estate Fraud Unit began when the victim filed a real estate fraud complaint against Palagonia.

In a press release, Nyberg said, “About two years later the victim tried to purchase a home and discovered he already owned one. When the victim was advised of the location of the home, he went by the location and discovered that Palagonia was living in the residence.”

Read the original article in the Press Enterprise.

© 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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