David Saks: TWO ARRESTED FOR FORECLOSURE RESCUE SCAM

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

TWO ARRESTED FOR FORECLOSURE RESCUE SCAM

2 Arrested for Foreclosure Rescue Fraud

Gloria Becerra, 46, Oxnard, California, and Hector Menendez, 55, Los Angeles, California, are the subject of a felony complaint for grand theft and foreclosure consultant fraud. Becerra and Menendez are both charged with 4 counts of grand theft, 11 counts of foreclosure consultant fraud, and one count of attempted grand theft.

The charges arise out of a fraudulent home loan modification and foreclosure rescue program run primarily under the business names of "Sunset Beach Management," "Financial Wellness for Homeowners L.A." and "California Sky Premiers." Becerra and Menendez collected thousands of dollars in upfront fees promising to reduce the victim's mortgage loan amount, and to "save" her home from foreclosure. The victim received no actual services from the charged defendants and, in addition to losing thousands of dollars, also lost her home in foreclosure.

The court set bail at $100,000 for both Becerra and Menendez. An early disposition conference is scheduled for April 16, 2012, at 1:30 p.m. in courtroom 12. If convicted of all charges, the defendants each face a maximum sentence of 12 years and 8 months.

District Attorney Gregory D. Totten announced the Ventura County District Attorney's Real Estate Fraud Unit's felony complaint.

The arrests followed a seven-month investigation by the District Attorney's Real Estate Fraud Unit.

Individuals who believe they have been victimized by Becerra or Menendez, or others working with either defendant, are encouraged to contact the Ventura County District Attorney's Office Real Estate Fraud Unit at (805) 662-1750 to file a complaint.

source: Mortgage Fraud Blog




David Saks



Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 2 commentsDavid Saks • March 28 2012 06:40AM

Comments

These guys need to be hung.  I can't stand having people like this...."in the industry."

Posted by Larry Bettag, Vice-President of National Production (Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001) over 7 years ago

Rude comments such as yours are unnecessary.  I am extremely close with the family of one of those two mentioned above and they are devastated.  The person was new to the company and had no idea what was going on with the company before being hired.  Now they are in jail, facing many years in prison for something they don't even know was happening.  So I highly suggest you learn to keep your ignorant mouth shut before judging others that you have never met.  there are children and granchildren who are affected by this, apparently you have no heart or no soul if you can judge others without knowing all the facts.

Posted by irritated by ignorant comments from Larry over 7 years ago

This blog does not allow anonymous comments