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Former Realtor Targeted Hispanic Immigrants in Mortgage Fraud Scheme – San Diego

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Posted on: April 24th, 2008
Filed Under: California, Eye Openers, Real Estate, San Diego
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“The reports mortgage fraud cases are skyrocketing nationally. Yesterday, a key figure in a San Diego scheme admitted to forging documents to secure loans for mostly Latino borrowers who couldn’t afford them. A then sentenced Alejandro Lopez to three months in and four months in a residential re-entry center.

KPBS Amita Sharma has more on how the mortgage fraud worked in this case.”*

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