California Real Estate Fraud Report

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Glendale Fraud Suspect Swindled His Friends Using eBay

Pardeep Singh, 30, is missing, but as soon as he is found, he will face the seven charges of grand theft filed by the Los Angeles County District Attorney’s office. Another 29 allegations have been forwarded to the D.A. from the sheriff’s San Dimas station.

Singh impressed friends – some of whom became his victims – as a sharp dresser who wore expensive clothes and watches and drove fancy cars.

Kenneth Yandoli of Glendale was impressed enough to give Singh $100,000 to invest in Singh’s financial business East Wind Financial LLC; now he could lose his home as a result of trusting the slick stranger he met at a gas station.

As authorities search for Singh, accused of using a Craigslist posting to fleece potential renters, other people have come forward. They say they lost money in real estate investments, including on eBay. The alleged fraud could eventually add up to hundreds of thousands of dollars.

Singh, who has been missing since April 30, found his victims on Craigslist and eBay. He used the latter to auction timeshares in properties such as Tahiti Village in Las Vegas, Nevada. The owners of the timeshare said they had never heard of Singh, who apparently placed his auctions by cutting and pasting text from prior auctions on eBay.

Read the Full Article in The Pasadena Star News

© Copyright 2007-2017 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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