Wednesday, July 17, 2013

Operator Of Loan Modification Racket Faces Multiple Grand Theft, Burglary Charges For Allegedly Clipping Homeowners Facing Foreclosure With Upfront Fees, Providing No Assistance

In Tulare County, California, The Fresno Bee reports:

  • A man who allegedly committed foreclosure fraud by taking money from poor, Hispanic victims and then doing nothing to help them is in jail in Tulare County.

    Ricardo Melgoza, 43, was arrested last week in Los Angeles County on arrest warrants and felony complaints issued last year. He is also being held at the request of immigration authorities.

    Melgoza was brought to Tulare County to face two counts of grand theft, involving more than $950 per count, and two counts of burglary between August 2008 and July 2010, the Attorney General's Office said.

    He also faces 15 counts of grand theft for similar crimes in Kern County. If found guilty, he faces about 20 years in prison, Deputy Attorney General Leslie Westmoreland said. The Special Crimes Unit of the Attorney General's Office is prosecuting the case.

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