California Real Estate Fraud Report

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05
Dec

Orange County Attorney Arrested in Mortgage Modification Case

An attorney who resigned from the California State Bar in 2009 has been the third defendant arrested in a federal indictment in which he and other are accused of operating a mortgage modification scam.

Ronald Rodis, 49, of Irvine, surrendered on the charges that he “participated in, and lent his name and the law license he formerly possessed to, the fraudulent operation,” according to the U.S. Attorney’s Office.

Bryan D’Antonio, 47, of Brea, and Charles Wayne Farris, 53, of Aliso Viejo were arrested on December 3.

According to the indictment, Ronald Rodis lent his name to the Rodis Law Group, which later became America’s Law Group. Both firms advertised their loan modification services on radio, with Rodis speaking on some of the commercials.

Further, the indictment alleges that “Farris and D’Antonio hired and trained salespeople who allegedly told homeowners that Rodis Law Group was ‘100% successful,’ ‘routinely lowered monthly payments,’ and obtained reduced principal balances. According to the indictment, once the defendants and their co-conspirators convinced homeowners to pay a fee of several thousand dollars, little to no effort was made to obtain loan modifications. After making their payments, homeowners who tried to get updates on the status of their cases were often unable to contact anyone at either company.”

Worse for D’Antonio is that he is facing these charges after previously being convicted of mail fraud and wire fraud in 2003 and being banned from engaging in telemarketing.

All told, the U.S. Attorney alleges that the homeowners lost $12 million to the defendants and many subsequently lost their homes to foreclosure.

Read the original article in Courthouse News.

© 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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