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Prosecution Update: William Kenneth O’Daniel faces 120 days in prison & 36 months of probation.

District Attorney Gregory D. Totten announced today that Thousand Oaks resident William Kenneth O’Daniel (DOB 6/6/61) was sentenced to 120 days in jail and placed on 36 months of formal probation. O’Daniel had earlier pleaded guilty to one count of False Personation under Penal Code section 529. The charges were the result of an investigation conducted by the District Attorney’s Real Estate Fraud Unit.

Throughout 2011 and 2012, O’Daniel used the identity of two licensed mortgage brokers to process numerous loans without their knowledge or permission. The financial institution that funded the loans had previously discontinued using O’Daniel as an approved broker. They were unaware O’Daniel was processing new loans under the assumed identities.

O’Daniel’s real estate broker license, and the corporate broker license of his company, Malibu Mortgage, Inc., were both earlier revoked by the California Bureau of Real Estate.

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Juan Carlos Guerra of Simi Valley has pleaded guilty to one felony count of grand theft

VENTURA, California – District Attorney Gregory D. Totten announced today that Sunland resident Juan Carlos Guerra (DOB 5/5/86) has pleaded guilty to one felony count of grand theft. The case was the result of an investigation conducted by the District Attorney’s Real Estate Fraud Unit. He will be sentenced on September 19, 2017 and will face a maximum of 365 days in prison. He will be ordered to $20,000 in victim restitution.

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Patrick Iturra sentenced 365 days in jail, ordered to pay $100,000 in victim restitution and placed on 60 months formal probation.

VENTURA, California – District Attorney Gregory D. Totten announced today that the Honorable Matthew Guasco sentenced Canyon Lake resident Patrick Iturra (DOB 7/27/70) to 365 days in jail for his role in a fraudulent foreclosure rescue business. Iturra was convicted of two felony counts of foreclosure consultant fraud, and three felony counts of grand theft. The charges were the result of an investigation conducted by the District Attorney’s Real Estate Fraud Unit.

Iturra operated a fraudulent business under the name of Mercury Business Group. Iturra, together with co-defendants Roberto Sanchez (DOB 12/28/48) and Rosalva Sanchez (DOB 9/9/53), solicited struggling homeowners with promises of saving their distressed homes from foreclosure. The defendants received thousands of dollars from eight victims who received no actual services and were instead diverted from legitimate assistance. All but one of the victims lost their homes to foreclosure. Victims’ monetary losses totaled $100,000.

Iturra was placed on 60 months formal probation, ordered to pay $100,000 in victim restitution, and is prohibited from working in any business related to real estate or foreclosure rescue. Roberto and Rosalva Sanchez were sentenced for their role in the scheme last year.

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Jose Armando Rodriguez pleaded guilty to grand theft, foreclosure consultant fraud, and recording a false instrument

VENTURA, California – District Attorney Gregory D. Totten announced today that Fontana resident Jose Armando Rodriguez (DOB 11/20/59) pleaded guilty to grand theft, foreclosure consultant fraud, and recording a false instrument.

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Rod Scott Hormell of Newbury Park was sentenced to serve five years in state prison

VENTURA, California-District Attorney Gregory D. Totten announced today that Rod Scott Hormell (DOB 10/12/56) of Newbury Park was sentenced to serve five years in state prison for his role in an investment scheme targeting elders.

This case was the result of a joint investigation by the Ventura County Sheriff’s Office, the California Department of Business Oversight, and the California Department of Insurance.

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