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! ***


Five Year-Old Investigation Results in Six Arrests in Stanislaus County

An investigation in Stanislaus County that started five years by state and federal authorities has resulted in the arrests of six people charged in a mortgage fraud scheme that spanned the state of California.

San Bernardino County residents Jacob Orona and Aide Orona, the alleged masterminds, face 90-year prison terms if convicted.

The scheme was discovered in 2011 by investigators with the Stanislaus County District Attorney Office’s real estate fraud unit by District Attorney’s Office investigator Glenn Gulley. Gulley found that Blas Arreola and Nancy Arreola of Turlock tried to prevent foreclosure of their home and a rental home they owned by filing false documents with the county recorder. Another Arreloa used the same strategy with their home in the area and a second one in Half Moon Bay. From there, the investigation became statewide.

Others arrested were John Contreras, Prakashumar Bhakta, Marcus Robinson and David Boyd, all believed to live in Southern California. All six were indicted by a grand jury on a combined 135 felony charges including grand theft, conspiracy, filing forged documents and identity theft.

Read the original article in the Modesto Bee.


© 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.