California Real Estate Fraud Report

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Former Irvine Planning Commissioner Accused in Real Estate Fraud

A real estate broker who was formerly a member of the Irvine Planning Commission is being sued by a married couple, a high school friend and a father and son who say he solicited money from them for real estate investments he never made.

David R. Sparks, 50, is a long-time broker and owns Irvine-based firm Sparks Realty & Investment Inc. The couple, Marc Vaccaro and Astrid Vanzon, say Sparks flew out to Wisconsin to meet them and “talked about his religious faith, and shared values in a Christian tradition, which added to (their) belief in defendant’s trustworthiness,” according to their federal lawsuit, which accuses Sparks of  forging bank and government documents and using nonexistent escrow companies to commit fraud. They are claiming $1.6 million in damages.

Robert Edwin Anslow of Santa Ana is the now-former friend who is suing David Sparks. Gary Schultz and his father Gerhard Schultz have also filed suit against Sparks. All the parties claim that Sparks solicited money from them for real estate investments that were not made (real estate investment fraud).

Here is David Spark’s website for Sparks Realty & Investments, Inc.

Note: the California Department of Real Estate (DRE) does not show any actions taken against David Spark’s real estate license.

Read the original article in the OCRegister / Orange County Register.

© 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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