California Real Estate Fraud Report

You have just entered the #1 private-sector resource on the Internet for real estate fraud. In doing so, you have voluntarily left the dimension of the conventional real estate world and crossed over to the Dark Side, the realm where greed, dishonesty and evil are the order of the day. Sign up for a free subscription to this comprehensive news resource and receive weekly, timely news reports about real estate fraud, mortgage fraud, short sale fraud, REO fraud, title fraud, loan fraud, appraisal fraud, affinity fraud, loan modification scams, securities fraud and elder financial fraud.


Tony Havens indicted (again) for real estate fraud

Tony Huy Havens, 36, already a convicted criminal (see earlier article in the California Real Estate Fraud Report) has been indicted on 30 charges by a federal grand jury, according to U.S. Attorney Benjamin B. Wagner.

Havens, of Modesto, California, faces possible conviction on wire fraud and criminal forfeiture after seeking investors in at least eight states for high-end construction projections that were in financial distress. He gave potential investors copies of fraudulent documents purporting to show that a lender was going to make a loan to the investors pending receipt of advance fees. Havens is accused of victimizing at least 15 borrowers by collecting advance fees of at least $248,750 by wire transfers but never extending the loans.

If convicted, Tony Havens could be sentenced to 20 years in prison and a $250,000 fine on each count. Havens was investigated by the FBI and the Stanislaus County District Attorney’s Office.

Read the full article on Web News Wire.

© Copyright 2007-2017 Monique Bryher

Legal Disclaimer.

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.

ALL RIGHTS RESERVED. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, without written permission from the author, except for the inclusion of BRIEF QUOTATIONS in a review.


Copy Protected by Chetan's WP-Copyprotect.