Press Release Date:
March 7, 2011
District Attorney Gregory D. Totten announced today that Enrique Sandoval Martinez (DOB: 01/19/65), formerly of Thousand Oaks, was sentenced to the maximum term of 15 years imprisonment after a jury convicted him of six felonies involving real estate fraud on December 2, 2010.
In an investigation conducted by the District Attorney Office’s Bureau of Investigation, it was determined that in late 2004 Martinez utilized a fictitious identity to purchase a $1.8 million new luxury home in the Moorpark Country Club Estate development. To further this transaction, Martinez committed grand theft against an individual victim who was led to believe he was investing in the property with Martinez . Martinez , working with Terrance George “Terry” Tucker, convinced this individual victim to take out four simultaneous home equity lines of credit. The victim entrusted Martinez and others with over $788,000 that was withdrawn from these lines of credit.