3 men arrested in SoCal mortgage fraud scam (San Francisco Chronicle)
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A Simi Valley man and two of his associates have been arrested and accused of stealing nearly $1 million from more than 70 people trying to refinance their homes. California Attorney General Jerry Brown said Friday that 44 charges have been filed against… Sponsored Topics: Jerry Brown – California Attorney General – California – Simi Valley – United States
L.A. mortgage brokers are accused of stealing nearly $1 million (Los Angeles Times)
The California attorney general’s office says that beginning in 2007, the three co-workers conspired to forge clients’ signatures on phony refinance documents and pocket fees based on bigger loans. Three Southern California mortgage brokers have been arrested on suspicion of stealing nearly $1 million from borrowers seeking to adjust their home loans.
