California Real Estate Fraud Report

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Salinas Motorcycle Racer Charged with Elder Financial Abuse

Joe Cubbage, 40, a Salinas grand prix motorcycle racer and cancer-prevention fundraiser has been charged with elder financial abuse, grand theft and money laundering for stealing almost $500,000 from his parents Johnnie Cubbage, 64, and mother, Patsy Cubbage, 67.

Cubbage, who has pleaded not guilty, claims that the complaint against him is the result of sour grapes by his mother and sister for his loyalty to his father and the father’s long-time mistress. Prosecutor Jeannine Pacioni, on the other hand, said the Salinas police have been investigating the case since October 2009.

Read the full, sordid story in the Monterey County Herald.

© 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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