California Real Estate Fraud Report

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Sylmar Man Pleads Guilty to Defrauding Lenders of $5.4m

Hamlet Sardariani, a 45-year old Sylmar man, has pleaded guilty to federal conspiracy and tax evasion charges in U.S. District Court in front of United States District Judge Virginia A. Phillips. Sardariani admitted that he conspired with others to procure four loans with a value over over $5 million by using houses he did not own as collateral. In addition, he confessed to forging documents and falsifying notary stamps (notary fraud).

Hamlet Sardariani’s brother, Henrik Sardariani, 44, of Glendale, pleaded guilty last January; Wanda Tenney, 66, of South Los Angeles, a former escrow officer, pleaded guilty on December 5;  Christopher J. Woods, 53, of Beverly Hills, pleaded guilty on November 8. All three are awaiting their sentences.

This case was investigated by the FBI and IRS Criminal Investigation (CID).

Read the original article in the Imperial Valley News.

© 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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