Aliso Viejo resident Charles Wayne Farris, 55, has pleaded guilty to federal fraud charges for his role as a sales manager in a mortgage modification fraud case that cost 1,500 people almost $9 million.
Farris’ co-conspirator, former attorney Ronald Rodis, had previously pleaded guilty to a felony conspiracy to commit mail and wire fraud. A third defendant, Bryan D’Antonio, still awaits his turn at trial for nine counts of wire fraud and one count of conspiracy to commit wire fraud.
According to prosecutors, both Rodis Law Group and America’s Law Group used nationwide radio advertisements to portray themselves as a team of experienced attorneys that could negotiated lower-interests rates or principal balances.
“The defendants in this case preyed upon vulnerable homeowners facing the loss of their home and callously took advantage of what hope they had left,” said Deirdre L. Fike, assistant director in charge of the FBI’s Los Angeles Field Office, in a statement last week.
Read the original article in the OC Register.