California Real Estate Fraud Report

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Phony Bishop Goes to Prison for Stealing Elderly Woman’s Home

A self-appointed Bishop from the former Triumph Church of God is on the way to prison after the Claremont Police Department caught him swindling an elderly stroke victim out of her home (elder financial fraud, elder financial abuse).

Leroy Dowd, 74, received the 3 year sentence plus an order to make full restitution after convincing the 89-year old Claremont woman to sign over to him the grant deed to her home in 2006, which had been paid off. Dowd then sold the home to straw buyer Bessie Mae Moore, 63, who took out a loan with MortgageIt (loan fraud, mortgage fraud). Moore got off easy, with a sentence of only 98 days.

The grant deeds Leroy Dowd received have been declared “null and void” by the Pomona Superior Court judge who heard the case. Los Angeles County Tax Assessor’s fraud investigation unit also restored the assessed value of the home to the victim.

Read the original article in the Downey Patriot.

© 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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