VENTURA, California – District Attorney Gregory D. Totten announced today that Ventura County resident Gregoria Mendoza (DOB 5/14/55) pleaded guilty to multiple counts of felony grand theft and felony foreclosure consultant fraud. The charges were the result of an investigation by the District Attorney’s Real Estate Fraud Unit.
Mendoza created at least six separate real estate investment schemes to entice investors from Ventura, Los Angeles, and Tulare Counties. She made false representations that victims’ monies would be invested in various real estate endeavors. Mendoza deposited some of the victims’ proceeds into her own accounts and used those funds to pay for her personal expenses. Total victim losses were approximately $470,000. In addition, Mendoza charged one victim illegal up-front fees for a mortgage loan modification.
Mendoza’s sentencing hearing is set for August 10, 2016, at 9:00 a.m. in courtroom 13. She is expected to be sentenced to 7 years 4 months in state prison.