A former Thousand Oaks real estate agent admitted to foreclosure fraud last month. According to prosecutors, the man accepted $40,000 in fees from clients to help them avoid foreclosure in Oxnard.
After accepting funds, Sanchez promised two Oxnard homeowners that he would help them avoid foreclosure. He then said he would negotiate with their lenders on their behalf. Instead, he provided virtually no assistance to the homeowners. Subsequently, one person lost his home.
The District Attorney’s Real Estate Fraud unit investigated the homeowners’ claims. When he acted fraudulently as their agent, the man prevented the homeowners from receiving legitimate foreclosure avoidance assistance.
The man pleaded guilty to two counts of unlawful foreclosure and also admitted two special allegations of fraud. He will return to court in November for sentencing. At that time, he is likely to receive a 365-day jail sentence and will be required to make full restitution to the victims.
Oxnard Fraud Lawyer
Fraudulent activity can take many forms. When you face charges related to a fraudulent activity, hire an experienced fraud lawyer like Robert Helfend. Mr. Helfend has nearly 35 years of experience in criminal courtroom defense. He takes criminal cases of all types in Ventura County and throughout Southern California.
Deceptive foreclosure assistance is primarily a financial crime. Although the state always has a strong interest in discouraging fraud, the victims’ first concerns are regarding their losses. An experienced attorney can help ensure that a plea agreement meets the needs of the victims. These agreements can also help meet the state’s interest in justice while minimizing the negative impact on the defendant.
Don’t settle for an attorney who won’t fight aggressively for you in court, and don’t settle for an inexperienced attorney. Choose a proven fighter to defend you in court!
Contact Robert Helfend or call toll-free at (800) 834-6434, (805) 273-5611, (310) 456-3317 or (818) 591-2809 for an immediate consultation on your Ventura fraud case.
Photo Credit: Mike Licht, via Flickr.com