California Real Estate Fraud Report

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05
Dec

Oceanside Telemarketers Sentenced to Prison for Defrauding Homeowners

Shelveen Singh, a telemarketer for 1st American Law Center, has been sentenced to nine years in prison after pleading guilty to fraud for his role in an operation that falsely promised to modify home mortgages.

Singh’s co-worker, Johnathon Hearn, 31, of Oceanside, received two years in prison for his role.

Three others who were previously sentenced are Gary Bobel (92 months); Scott Thomas Spencer (43 months); and Travis Iverson (two years).

The business took in more than $11 million from 4,000 vulnerable homeowners.

Mincing no words, U.S. District Judge Roger Benitez called Singh a “dirty businessman,” noting the Corona resident had been required in a previous case to make restitution to victims. He not only failed to do so but went on a spending spree and then filed for bankruptcy protection.

The remaining defendants are Dean Gregory Chandler, the law center’s co-owner and attorney, and its call center manager Michael Eccles. The two faces charges of mail fraud, wire fraud, telemarketing fraud, conspiracy and money laundering when their trial takes place in March 2014.

Read the original article in the San Diego Union Tribune.

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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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