California Real Estate Fraud Report

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Santa Barbara Pair Indicted for Operating Fake Distressed Properties Website

Operators of a Lompoc call center that sold lists of foreclosed or pre-foreclosure properties have been indicated by a federal grand jury impaneled by the U.S. Attorney for the Southern District of Illinois.

Michael S. Davenport, 49, owner of the business, variously called American Standard OnlineMDSQ Productions, LLC, Housing Standard, LLC, Anchor House Financial, American Standard and Your American Standard, was charged with conspiracy to commit mail and wire fraud, five counts of wire fraud, and one count of mail fraud, as was his sales manager Cynthia L. Rawlinson, 51. Both are Santa Barbara residents.

The business, which was said by federal authorities to have operated from 2009 to 2016, is alleged to have taken in $27 million over eight years and included victims from all 50 states. Call center employees told the customers that for the subscription fee of $199, they would receive access to the website, where they could find homes for sale and take over mortgage payments for those in foreclosure or pre-foreclosure. Complaints from customers stated the homes were either not for sale, didn’t exist, or the homeowners weren’t in foreclosure.

Read the original article in Noozhawk.


© 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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