A Long Beach real estate broker and his accomplice face identity theft charges related to fraudulent real estate sales. According to police, the pair ran a sophisticated scheme that targeted elderly property owners.
Between 2013 and 2017, the men impersonated homeowners of vacant properties in Los Angeles County. They forged paperwork and sold or attempted to sell the vacant properties. They also obtained home loans using the vacant homes as collateral.
Then the men laundered the proceeds by purchasing gold coins from out-of-state dealers. The pair had the coins shipped to mailboxes that they opened using false names. Although the men successfully obtained nearly $200,000 from the scam, authorities say that they attempted to steal more than $1M.
In addition to identity theft charges, the men also face forgery, money laundering, offering false instruments, grand theft and procuring charges. The broker received a bail of $645,000, but remains housed in the Los Angeles County jail. His accomplice remains jailed on a $500,000 bond, and has a schedule court appearance in December.
Long Beach Identity Theft Lawyer
Concerns about identity theft continue to grow as the number of cases rises annually. Most identity cases facilitate financial crimes, but a smaller percentage reflect a person’s desire to hide from the law. When you face identity theft charges, hire an experienced identity theft attorney like Robert Helfend.
Mr. Helfend has nearly 35 years of courtroom criminal defense experience. He defends his clients aggressively in court, regardless of the charges against them. As your defense attorney, his first move will be to seek reduction or dismissal of the charges against you. Eliminating or reducing felony charges is essential, especially in light of the state’s Three Strike’s Law.
Contact Robert Helfend or call toll-free at (800) 834-6434, (310) 456-3317, (818) 591-2809 or (805) 273-5611 for an immediate consultation on your Los Angeles County identity theft case.
Photo Credit: Jeremy Hall, via Flickr.com