California Real Estate Fraud Report

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17
Dec

Long Beach Man Sentenced for QuitClaim Fraud

A Long Beach man whose business model was to determine whether residential properties were vacant so that he could record false quitclaim deeds has been sentenced to four years.

Blair Christopher Hanloh, 50, who owned and operated Blair Hanloh Trustee of Diversified Management Trust (Diversified Management), was convicted in October 2013 of five felony counts of recording false and forged instruments.

Hanloh scouted properties from Orange County to Dana Point and if they were vacant or in foreclosure, he recorded the quitclaims to fraudulently transfer the ownership of the properties from the legal owners to Diversified Management (title fraud). He then changed the locks and rented the properties to unknowing victims-tenants.

“I would like to congratulate Orange County District Attorney Tony Rackauckas and his department on a job well done. Our office has been working closely with the District Attorney’s Real Estate Fraud Unit to find ways to prevent these crimes from happening in the future,” said Orange County Clerk-Recorder Hugh Nguyen.

Senior Deputy District Attorney Pete Pierce of the Major Fraud Unit prosecuted this case.

Read the original article in the Orange County Breeze.

 

© 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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