ORANGE COUNTY DISTRICT ATTORNEY PRESS RELEASE
Case # 14CF4090
January 21, 2015
SANTA ANA – Three men and two women have been charged with committing loan modification fraud by targeting Hispanic victims throughout Southern California. Three of the defendants are family members and are charged with leading a family-run home loan modification ring and illegally charging victims for services that they did not provide.
Four of the defendants have been taken into custody and one defendant remains a fugitive. In addition to the charges below, each of the defendants face sentencing enhancements for aggravated white collar crime over $100,000 under $500,000, taking funds exceeding $50,000 and theft exceeding $150,000. The defendants’ sentences range from eight years and four months to 77 years in state prison if convicted, and each must prove that the money comes from a legal and legitimate source before they are released on bond. Continue reading