Andrew Michael Phalen, 26, Mission Viejo, California, Jacob John Cunningham, 26, and John D. Silva, 28, both from Irvine, California, Justin Dennis Koelle, 23, Costa Mesa, California, and Dominic Adam Nolan, 32, Irvine, were sentenced for defrauding hundreds of victims in a real estate scam that included fraudulently collecting upfront fees for loan modification services and sending fake letters with the CitiFinancial or CitiMortgage logos offering home loan modification assistance. Victim losses are estimated to be in excess of $130,000.
Archives For California
Adorean Boleancu, 47, Napa, California, has been indicted and charged with 27 counts of bank fraud, wire fraud, money laundering, and aggravated identity theft. The indictment alleges that Boleancu executed a fraud scheme by forging more than $1.8 million in checks written on accounts of an elderly, widowed client for his personal benefit.
Timothy Clarence Bryson, 61, San Diego, California, State Bar #140798, was disbarred for failing to participate in a disciplinary proceeding after receiving adequate notice and opportunity to do so.
Eimbari Kemet, 48, Roseville, California, wanted for real estate fraud in California, has been extradited from Georgia to face charges.
Kevin Derricott, 40, Rocklin, California, was sentenced to 20 months in prison for his role in a scheme to defraud lenders out of millions of dollars.
Celia Gallardo, 42, North Hills, California, a real estate agent and self-described real estate investor, was sentenced to five years in federal prison and remanded into custody for her offenses, which included ripping off real estate investors.
Jose Miguel Aguilar, Rancho Cucamonga, California, pled guilty to two felony counts of grand theft and one felony count of money laundering.
Wesley Barta, Oakland, California, Irma Galvez, Pacheco, California, Stan Kahan, Berkeley, California, and Joseph Vesce, San Francisco, four Northern California real estate investors, have agreed to plead guilty for their role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California.
Tara Denise Bonelli, 33, Santa Cruz, California, was sentenced to 37 months in prison by United States District Judge Edward J. Davila in San Jose, California, on June 25, 2013, for defrauding investors of over $3,000,000.
Paul Lascola, 70, Thousand Oaks, California, was sentenced by Ventura County Superior Court Judge Kent Kellegrew to serve 10 years in state prison for his role in a real estate investment fraud scheme.