California Real Estate Fraud Report

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Countrywide Analyst Arrested for Stealing Customer Database

Countrywide Home Loans has new troubles, as a senior financial analyst was arrested by the FBI and charged with downloading and selling customer data to an unauthorized party.

Rene L. Rebollo Jr., 36, a Pasadena resident, was arrested at his home and Wahid Siddiqi, 25, of Thousand Oaks was also arrested by both the FBI and the Simi Valley Police Department for having purchased the stolen customer files.

In a page from the book “How to Steal from Your Employer and Assure Getting Caught”, although Rebollos worked Monday through Friday, he would go to Countrywide offices and access the databases for about an hour on Sundays.

Read the Full Article in the Ventura County Star by Jenni Mintz.

© 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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