HB Mortgage Fraud Results in Harsh Federal Sentence
February 18, 2010 by tgabeh · Leave a Comment
The Orange County Register reported a Huntington Beach man and a female co-conspirator from Downey were sentenced to multiple years in federal prison for their role in a real estate fraud scheme which they operated from May 2003 through November 2005. The $12-million fraud targeted hundreds of southern California homeowners facing foreclosure. Victimized homeowners were identified via a computer database list of homes facing foreclosure.
As part of the scheme, the defendants would contact the homeowners and Read more