VENTURA, CA—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.
Categories
- Consumer Alerts 28
- Past Events 16
- Press Release 83
- REFAT Forum 8
- REFAT News 11
Recent Posts
-
Protected: REFAT Symposium
March 3, 2025 -
-
Simi Valley Woman Charged in Rental Fraud Scheme
November 26, 2024
Tags
Awareness
bail fraud
Camarillo
Civil Fraud
Consumer Alert
Covid19
district attorney
DRE
elders
events
false document
false pretenses
felony foreclosure consultant fraud
Forbearance
foreclosure consultant fraud
forgery
forum
fraud
fraud alert
grand theft
Gregoria Mendoza
insurance fraud
investment scheme
kern county
Land Scams
Mercury Business Group
money laundering
Mortgage
Mortgage Brokerage
New Concepts Home Loans
Pasadena
real estate
recording a false document
recording a false instrument
recording false documents
refat
Rental Fraud
rental scam
Scam
simi valley
Stealing
tax evasion
ventura county
warning
wire fraud