California Real Estate Fraud Report

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18
Sep

Northern California Woman Arrested in Mortgage Rescue Scam

The wife of Alan Tikal, a man awaiting trial for running a mortgage rescue fraud scheme, has been arrested for continuing the scam after her husband’s arrest.

Tamara Tikal, of Brentwood (in Northern California) faces charges as a result of evidence seized by authorities from the Las Vegas office of KATN Trust, Alan Tikal’s business. So has another associate, Jan Kornfeld.

Federal prosecutors said Alan Tikal took in over $3 million from his alleged victims, using a program which offered homeowners in distress lower mortgages by (somehow) covering their current, more expensive mortgages.

 Read the original article in Bay Area News. You can also read the more detailed press release of the allegations by the prosecutor, the U.S. Attorney’s Office for the Eastern District of California.

© 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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