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! ***


Time runs out for Roseville couple that targeted Hispanic families in loan modification fraud

A federal judge sentenced Martin Wayne Flanders, 51, to six years and five months in prison after Flanders pleaded guilty to committing mail fraud. His wife, Ligia Sandoval Spafford (Sandoval), 48, also pleaded guilty and will be sentenced in March 2016.

According to the office of U.S. Attorney Benjamin Wagner of the Eastern District of California, the couple ran a company called European Debt Resolution, Inc., that targeted Hispanic families in the Bay Area and Sacramento, charging them illegal advance fees for loan modifications, mortgage loan audits, credit repair, debt relief and bankruptcy filings. They advertised on Spanish language radio, television and magazines in order to find their clients and did not perform the services they promised.

Read the original article in the Roseville and Granite Bay Press Tribune.


© 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.