California Real Estate Fraud Report

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Fugitive real estate agent nabbed in Las Vegas

Guadalupe Ramirez, a former Bakersfield real estate agent who was wanted on a $1 million arrest warrant in alleged mortgage fraud crimes, has been arrested in Las Vegas after trying to find work as a Realtor there. Ramirez’ father, Augustine, aka Agustin, is also wanted on a $1 million arrest warrant and remains a fugitive.

The father-daughter team are being prosecuted by the Kern County District Attorney’s Office for mortgage fraud, in their case for taking kickbacks on $4.1 million of fraudulent loans that defaulted almost as soon as they were funded. Inflated appraisals were also said to be part of the fraud.

The daughter had taken a job about two weeks ago with Exit United Realty in Las Vegas. Apparently, her new employer was unaware their employee was a wanted woman, according to broker Pablo Covarrubias.

Read the full article in the Bakersfield Californian.

© Copyright 2007-2018 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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