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.


San Jose Woman Arrested While Out on Bond for New Title Fraud, Forgery Charges

In a novel and very creative form of real estate fraud, a woman out on bail for felony charges who was wearing an electronic monitoring anklet was arrested a second time on charges of elder theft, forgery of deed documents, recording false instruments and grand theft.

Mai Vu, 53, was arraigned today after a Campbell police investigator traced her following a report by an elderly couple that somebody had forged real estate documents (probably a grant deed) that transferred title out of their names (title fraud). In the meantime, investigators with a different agency – the Santa Clara County District Attorney’s Office – found an elderly Milpitas couple had also had their property transferred to Vu. She defrauded an investor out of $250,000 (loan fraud) when she used the Milpitas home as collateral in order to secure the loan, then transferred title back to the lawful owners (title fraud).

Mai Vu’s first run-in with the law occurred in August 2011, when she was charged with defrauding four victims and had her bail set at $10 million.

Investigators may be reached at 408-808-3787.

Read the original article in the Mercury News.

© Copyright 2007-2017 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.