California Real Estate Fraud Report

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Rollo Norton Co-conspirators Sentenced in Real Estate Fraud

Two men who were described as minor players in the large-scale financial fraud master-minded by convicted fraudster Rollo Richard Norton II were received their sentences. U.S. District Court Judge Marilyn Huff, who had previously sentenced Rollo Norton, imposed a five month prison sentence on Todd Johnson, 38 and three years probation on Scott Greer, 33. Both men must serve halfway house time and Judge Huff ordered Johnson to pay $92,828 in restitution to two of his victims.

Norton, whose fraud has been written about on earlier posts on this blog, pleaded guilty to grand theft in relation to a condominium project in which he had taken out loans using his investors names without their knowledge or permission. Greer also pleaded guilty to grand theft; Johnson to making a false statement on a loan application as part of his work for Norton. 

Read the full article in the Ramona Sentinel by Neal Putnam.

© 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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