California Real Estate Fraud Report

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LAPD Detective Charged in Real Estate Fraud

Here’s a case where routine screening by a law enforcement agency failed to catch a bad apple.

Darcey Greenfield, 39, joined the LAPD since 1994. Along with working her way into becoming a detective, Greenfield started a sideline with real estate investments that crossed over into real estate fraud, according to investigators with the San Bernardino County District Attorney’s real estate fraud unit.

The DA’s office has charged her with 10 felonies, which include the serious charges of sale of false investment securities, the sale of securities without a license and grand theft. According to the prosecutor, the charges have to do with three individuals living in San Bernardo who invested with Darcey Greenfield. But, said to say, 13 LAPD personnel also invested with her and several have had to file bankruptcy as a result of the alleged real estate investment scam.

When members of a group are taken in by a scam, whether they are of the same ethnicity, attend the same church or, in this case, belong to a trusted group such as the LAPD, that is called affinity fraud.

Darcey Greenfield is in custody at the Rancho Cucamonga detention center, unable so far to make her $1 million bail.

Read the original article in the Los Angeles Times.

© 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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