Garry Bradford, 62, Sacramento, California, was arrested after a federal grand jury returned a five-count indictment against him on April 14, 2011. He is charged with wire fraud in connection with a real estate investment “Ponzi” scheme.
According to the indictment, from August 2004 until October 2008, Bradford
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Luis Miguel Macias, 40, Rialto, California, was arrested on Wednesday, April 20, 2011, by investigators from the San Bernardino County District Attorney’s Office-Real Estate Fraud Prosecution Unit in the hallway of the San Bernardino County Superior Courthouse.
Macias had been out on bail facing felony charges in another real estate related fraud case when investigators
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Gina Marie Tarallo, 44, formerly of Rancho Cucamonga, California, was sentenced on April 14, 2011, to 365 days in the county jail as part of a plea agreement. The court ordered restitution. Tarallo pleaded to one felony count of Grand Theft and one felony count of Filing a Forged Document with the County Recorder’s Office.
In 2007, Continue Reading...
Gabriel Richard Viramontes, 48, Elk Grove, California, was convicted of six counts of bank fraud and seven counts of mail fraud. The guilty verdict was returned by a federal court jury in Sacramento after a seven-day trial before United States District Judge Edward J. Garcia. The jury deliberated just over an hour.
According to testimony presented at trial, Viramontes
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Gregory L. Jackson, a real estate investor, pleaded guilty to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, California.
Jackson pleaded guilty to conspiring with a group of real estate speculators who agreed not to bid
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Christopher M. Chiavola, 32, Chico, California, pleaded guilty before United States District Judge Edward J. Garcia to one count of mail fraud and one count of money laundering in connection with a mortgage fraud scheme allegedly orchestrated by co-defendant, Garret Griffith Gililland III.
According to the plea
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Juan Rangel, 47, Downey, California, was sentenced to 22 years in federal prison for running two fraud schemes – a Ponzi scheme that took in at least $30 million from more than 500 victims, and a mortgage fraud scheme that preyed on working-class homeowners by stealing the equity from their homes and secretly taking title to their properties.
As previously Continue Reading...
Iftikhar Ahmad, 40, Stockton, California, to 21 months in prison, to be followed by three years of supervised release, and restitution in the amount of $382,750 for multiple counts of mail fraud relating to a scheme involving the fraudulent submission of mortgage loan applications. Ahmad pleaded guilty on April 28, 2008.
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Alfred Eugene Parker, 32, Woodland Hills, California, a man who bilked more than 20 victims out of approximately $2 million in less than one year, has been sentenced to 46 months in federal prison. Parker was sentenced by United States District Judge R. Gary Klausner, who remanded the defendant into custody at the conclusion of the sentencing hearing. Continue Reading...
Jeff McGrue, 51, Tacoma, Washington, was been found guilty of federal fraud charges for running a scheme that defrauded the owners of distressed homes by promising to delay or prevent foreclosure through a program that supposedly used notes backed by Treasury bonds to pay off mortgages.
McGrue was found guilty late Friday, January 21, 2011, by a federal jury of four counts of
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