California Real Estate Fraud Report

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Indicted Mill Valley Developer Found Dead in Car Wreck

Bijan Madjlessi, 58, a developer from the rural community of Strawberry, was found dead in a car wreck on Mount Tamalpais.

Madjlessi was facing federal and state fraud charges with respect to his Santa Rosa project known as Park Lane Villas East. He had defaulted on his $30 million loan but in April was arrested and charged with conspiring with others to re-purchase his loan through the use of a straw buyer.

In addition to Bijan Madjlessi, three other men were indicted: David Lonich, 59, a Santa Rosa lawyer; and two former executives at Sonoma Valley Bank, Sean Cutting, 44, from Sonoma; and Brian Melland, 45, from Santa Rosa.

Read the original article in the Marin Independent Journal.

© 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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