California Real Estate Fraud Report

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02
Jan

Accusations of Title Fraud Cause Cuesta Title to Close Doors

Cuesta Title, a long-time real estate title insurer in San Luis Obispo County, has closed at least one of its branches – Pismo Beach – as a result of its involvement with several lenders in the County who have been shut down as a result of hard money loan fraud accusations. Cuesta is owned by Stewart Title Guaranty, based in Houston, TX.  Still unconfirmed is if Cuesta Title’s San Luis Obispo branch on Tank Farm Road will close too.

Civil lawsuits by jilted investors alleging negligence and fraud in connected to Hurst Financial and developer Kelly Gearhart, are mounting.

Read the Full Article in the San Luis Obispo County Tribune.

For more history, read earlier articles posted on The California Real Estate Fraud Report.

© 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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