A former real estate agent has been found guilty by a federal jury in Sacramento of one count of mail fraud in relation to a mortgage fraud scam.
Hubert Rotteveel, 52, of Dixon, represented two buyers in the purchase of 13 properties in Dixon. According to the prosecutors’ evidence, Rotteveel worked with the loan officers to provide false information to the lenders about his buyers’ finances. Rotteveel collected over $300,000 in rents from the properties, which went into foreclosure and caused losses of over $3 million to the lenders.
Read the original article in the Sacramento Bee.