California Real Estate Fraud Report

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29
Feb

Martinez Man Charged for Rent Skimming in Contra Costa County

A man has been arrested for rent skimming (rental fraud, real estate fraud) for allegedly renting out foreclosed homes in Walnut Creek, Antioch, Brentwood and Hercules.

Alfonso Salazar, 62, faces charges of burglary, grand theft and perjury for renting out the vacant homes under the guise of his employer National Alliance of Homeowners for Justice. Investigators have not yet determined whether the employer was aware of or participated in the alleged scheme.

Banks often take months to list a property once it has foreclosed, creating the opportunity for fraudsters to change the locks and collect deposits from unsuspecting renters on forums such as Craig’s List (Craigslist fraud), as Salazar is alleged to have done.

Read the original article in the Martinez Patch.

© 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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