California Real Estate Fraud Report

You have just entered the #1 private-sector resource on the Internet for real estate fraud. In doing so, you have voluntarily left the dimension of the conventional real estate world and crossed over to the Dark Side, the realm where greed, dishonesty and evil are the order of the day. Sign up for a free subscription to this comprehensive news resource and receive weekly, timely news reports about real estate fraud, mortgage fraud, short sale fraud, REO fraud, title fraud, loan fraud, appraisal fraud, affinity fraud, loan modification scams, securities fraud and elder financial fraud. *** AS OF NOVEMBER 2017, THE CALIFORNIA REAL ESTATE FRAUD REPORT IS 10 YEARS OLD! ***


Fresno Woman Off to Prison for Role in Marijuana Grow House Mortgage Fraud

One of seven criminals who defrauded lenders in order to acquire properties for the purpose of growing marijuana has been ordered to prison.

Jenny Chi Ha, aka Phuong A. Ha, 44, of Fresno, was sentenced to 21 months and five years of supervised release for her participation in the acquisition of two of the homes, according to U.S. Attorney Benjamin Wagner. U.S. District Judge Lawrence O’Neill, who pronounced the sentence, also ordered Ms. Ha to make financial restitution to the lender. Ha was a card dealer who submitted false information to the lenders (loan fraud, mortgage fraud) so that she could acquire the loans.

Law enforcement seized 3,600 pounds of marijuana during their investigation.

The six other defendants already pleaded guilty. They are Xi A. “Andy” Lieng, 43; brothers Tony Lieng, 38, and Richard Lieng, 29; Lynn Truong, 40; and Shirley Wong, 40. Monique Le Nguyen, aka Monique Dzung Le, 62, was the mortgage broker for five properties and she surrendered her real estate license in addition to having already served her prison sentence.

All in all, a good day for law enforcement: 7 convictions, 7 prison sentences and restitution to the banks.

Read the original article in the Central Valley Business Times.

© Copyright 2007-2018 Monique Bryher

Legal Disclaimer.

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.

ALL RIGHTS RESERVED. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, without written permission from the author, except for the inclusion of BRIEF QUOTATIONS in a review.


Copy Protected by Chetan's WP-Copyprotect.