Posted on 03/19/2026 12:57:53 PM PDT by SmokingJoe
This morning, federal and local law enforcement arrested 10 defendants—eight in Los Angeles County and two foreign nationals—charged in a 15-count indictment with stealing the identities of elderly victims, using that information to obtain title reports for residential properties, then soliciting millions of dollars in hard-money loans from private lenders by falsely representing the loans as secured by the victims’ properties.
These arrests are the tip of the iceberg in terms of the fraud permeating California. Under the leadership of @AGPamBondi, we will target rampant fraud committed against the government and private citizens alike.
The defendants arrested in L.A. County are scheduled to make their initial appearance and be arraigned this afternoon in U.S. District Court in downtown Los Angeles. Those arrested in Sacramento and Florida will make their initial appearances in federal court there.
The wire fraud and money laundering counts each carry a 20-year statutory maximum federal prison sentence, and the aggravated identity theft charge carries a mandatory consecutive two-year prison sentence. All defendants are presumed innocent until proven guilty in court.
(Excerpt) Read more at x.com ...
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🚨 BREAKING: ICE agents have been spotted ROUNDING UP even more illegal aliens in Providence, Rhode Island
Glad to see ICE is FULL FORCE despite Democrats’ obstruction attempts 🔥
Good riddance! Never come back! 👋🏻
Talk about looking like a criminal. 😉
I have seen these cases in my area. They are ugly. These scumbags prey on poor elderly people who are naive or whose minds are going. They get all their personal information like Social Security numbers, bank account numbers, etc. and then run up loans in their names. Then the elderly people are bankrupt in retirement and don’t know how to clear their names. Its sad.
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