Press Release Date:
September 10, 2009
District Attorney Gregory D. Totten announced today that the Real Estate Fraud Prosecution Unit has filed a felony complaint against John William Vanderwall III (DOB 12/13/63) of Simi Valley . The complaint charges Vanderwall with one count of grand theft (Penal Code section 487(a)).
It is also alleged that in the commission of the crime, more than $50,000 was taken in violation of section 12022.6(a) of the Penal Code. Vanderwall was arrested in Simi Valley on September 10, 2009, in an operation conducted by the Ventura County District Attorney’s Bureau of Investigation. Vanderwall currently is a licensed real estate agent employed by Plum Financial Group, Inc. of Simi Valley . The charge of grand theft is based upon Vanderwall obtaining $65,000 under false pretenses from the alleged victim in early 2007.
Bail was set at $10,000 by Ventura County Superior Court Judge David Worley. If convicted, Vanderwall faces a maximum of four years in prison.
Miles Weiss, Senior Deputy District Attorney