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.


Chatsworth Man Convicted in Apartment Complex Fraud

Laureano Labasay, 42, of Chatsworth, was convicted on Sept. 11 after being charged with falsely claiming he owned an apartment complex in Oxnard and trying to collect rent from its tenants.

The Ventura County District Attorney’s Office said in a press release that Labasay was convicted on three counts of recording a false document and one count of forgery.

The first count occurred when Labasay record a fraudulent transfer of title for the 32-unit building and then filed it with the office of the Ventura County Clerk and Recorder (title fraud) back in 2011.

Amazingly, after he was arrested and out on bail, Labasay filed another two documents with the Recorder.

Read the original article in the Northridge-Chatsworth Patch

© 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.