California Real Estate Fraud Report

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Plea agreements in Crisp and Cole case

* Hot off the press *

Kevin and Leslie Sluga, the father and mother-in-law of former Realtor David Crisp, have signed plea agreements with federal prosecutors in which they admitted they were guilty of wire fraud and other charges. Their guilty plea is dependant upon a similar guilty plea from Megan Balod, their daughter but does not include their other daughter, Jennifer Crisp. Jennifer Crisp is married to David Crisp but has not been charged with any crimes.

The Slugas were allged by federal prosecutors of having created fraudulent employment and other documents so that borrowers could obtain mortgage loans. For their crimes, they could each receive up to 20 years in prison and financial penalties of up to $250,000.

Note: after this original article was posted, Megan Balod was formally charged by the U.S. Attorney’s Office in Fresno on four counts of wire fraud and aiding and abetting.

Read the Full Article in the Bakersfield Californian.

© 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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