Welcome
Welcome to Appraisers' Free Forum

You are currently viewing our boards as a guest, which gives you limited access to view most discussions and access our other features. By joining our free community, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content, and access many other special features. Registration is fast, simple, and absolutely free, so please, <a href="/profile.php?mode=register">join our community today</a>!

3 Arrested at Closing

Add any articles pertaining to mortgage fraud here.

Moderators: DB, Otis

3 Arrested at Closing

Postby Otis on Tue Dec 04, 2007 11:58 am

http://www.mortgagefraudblog.com/index. ... t_closing/
Kayla Stewart, 47, Lisha Lee, 36, and Valerie Nabors, 26, were arrested at the First American Title Office at 303 West Court Street, San Bernardino, California when they forged the signature of a 72-year-old female victim on a Grant Deed using a fictitious Louisiana driver’s license.

The elderly victim resides in Georgia and owns a home on the 1500 block of West Flores Street, San Bernardino, California that she was trying to sell. When the victim’s son was listing her property for sale, he discovered that her property had been fraudulently transferred to a female subject with no connection to the victim’s family. The forged deed had been filed and recorded at the San Bernardino County Recorder’s Office and the suspects were attempting to refinance the property for $160,000 through First American Title Company in Santa Cruz, California.
They're getting real inventive now. :roll: :roll: :roll:
Don't believe everything you think ;)

What are they SMOKING?
<<Link
User avatar
Otis
Certified Residential
 
Posts: 3617
Joined: Sat Aug 11, 2007 11:23 am
Location: High and Dry

Postby Edd Gillespie on Tue Dec 04, 2007 12:45 pm

Did First Am turn 'em in? Betcha not.
Edd “In the real estate economy, there are no guarantees that reason will prevail in a market where emotions run high and the amount of misinformation runs deep.” Jonathan Miller in The Matrix. So what’s an appraiser to do?
Edd Gillespie
Certified General
 
Posts: 2282
Joined: Mon Aug 13, 2007 7:23 pm

Postby Steve Owen on Tue Dec 04, 2007 2:45 pm

The owner's son discovered the fraud. First American cooperated with authorities to catch the crooks.

Investigators contacted Glenn Jackson of the First American Title Office in San Bernardino and arranged for the suspects to come into the business office and sign another Grant Deed. District Attorney Investigators, posing as office workers, met with Kayla Stewart at the title office.
Less investment in economic growth and more in policies that promote good governance, liberties, democracy, trust and public safety. -- Ruut Veenoven (August 13, 2004)
Steve Owen
Certified General
 
Posts: 2622
Joined: Tue Aug 14, 2007 12:26 pm
Location: Joplin, Missouri


Return to Mortgage Fraud

Who is online

Users browsing this forum: No registered users and 0 guests