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! ***


Latino Immigrant Preyed on Latino Homeowners

Edwin Parada is an immigrant from Central America who used his heritage and language to steal from Latino immigrants 

One such person was Carmen Ruiz, a 57-year-old grandmother who had been praying for help after being diagnosed with a brain tumor and falling behind on her house payments. Ruiz says she handed over the title to her home to Parada and made payments to the man who was a pastor in a local church. Police estimated Parada may have taken $165,000 from Ruiz.

The 29-year-old Parada, a legal resident from El Salvador had been working as a real estate agent in the Mission District of San Francisco and had a reputation for being able to help immigrants in financial or credit trouble.  Instead, he is now accused of a number of crimes, including stealing up to $165,000 from a grandmother who fell behind on her mortgage when she became ill with a brain tumor.

Read the Full Article in the San Francisco Weekly

© 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.