Press Release Date:

September 9, 2013

Nature of Incident: HOA Management Company Owner & Chief Financial Officer Arrested for Embezzlement
Report Number: 09-28062
Location: San Diego County & Ventura County
Date & Time: 09-09-13@ 08:00AM
Unit(s) Responsible: Ventura County Sheriff’s Office Special Services I Major Crimes
(S)uspects, (V)ictims, (P)arty, (D)ecedent, City of Residence, Age
Kristin Regina Davis of Solana Beach, San Diego County, Age 44
Melissa Hoff-Soloman-Ramsey of Agoura, Age 37

Narrative:
Kristin Davis, the owner and CEO of Paradigm Management Group, and her Chief Financial Officer, Melissa Hoff, were arrested over the weekend for embezzling approximately $900,000 from the Big Sky Homeowner’s Association in Simi Valley.

Press Release Date:

July 31, 2013

VENTURA, California – Federal and local authorities this morning arrested eight individuals linked to a mortgage fraud scheme that filed loan applications on behalf of lower-income, primarily Spanish-speaking individuals, generating substantial loan fees and commissions and causing lending institutions to suffer millions of dollars in losses when homes went into foreclosure.

This morning’s arrests are the result of a grand jury indictment that charges the eight defendants in a conspiracy to commit bank fraud and wire fraud. The investigation, which was started by the Ventura County District Attorney’s Office, determined that members of the scheme generated dozens of mortgage loans for unqualified borrowers. The indictment specifically outlines a series of allegedly fraudulent loans worth more than $11 million.

Press Release Date:

July 31, 2012

District Attorney Gregory D. Totten announced today that Ventura County Superior Court Judge Kevin McGee sentenced Kenneth Powell (DOB 6/18/1953), a former resident of Thousand Oaks, to serve 18 years in state prison for his role in a real estate investment fraud scheme. Powell was also ordered to pay $4,341,119 in restitution. Powell had previously pled guilty to 15 felony crimes and admitted multiple special allegations, including the aggravated white collar crime enhancement which increases punishment for taking money or property in excess of $500,000, in a pattern of felony conduct involving fraud or embezzlement.