Our California Statewide Law Enforcement Association (CSLEA) members with the California Attorney General’s Mortgage Fraud Task Force worked together with the FBI to bring to justice a former Sacramento area loan officer who is now sentenced to 30 months in prison for mortgage fraud. Alexander Romaniolis, 48, of Irvine, entered a guilty plea on January […]
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Seven Arrested in $6.2 Million Mortgage Fraud Scam
SAN BERNARDINO — Seven suspects have been arrested and charged in a mortgage fraud scheme that defrauded more than 1,550 Inland Valley homeowners seeking loan modification services during California’s foreclosure crisis. Arrested was Nehad “Nick” Ayyoub Ayyoub, 57, of San Bernardino, president of The Firm Loans, Insurance and Investments Inc. and First Choice Debt Solutions […]
Former Sacramento Area Loan Officer Pleads Guilty To Mortgage Fraud
Our California Statewide Law Enforcement Association (CSLEA) members with the California Attorney General’s Mortgage Fraud Task Force worked together with the FBI to arrest a former Sacramento area loan officer in Huntington Beach. Now, nine months after his arrest, Alexander Romaniolis, 48, of Irvine has pleaded guilty to mortgage fraud. Romaniolis entered his plea January […]
Former Sacramento Area Loan Officer Arrested For Mortgage Fraud
Our California Statewide Law Enforcement Association (CSLEA) members with the California Attorney General’s Mortgage Fraud Task Force worked together with the FBI to arrest a former Sacramento area loan officer in Huntington Beach. Alexander Romaniolis, 48, of Irvine was arrested for mortgage fraud, Monday, March 25. A three-count indictment alleges Romaniolis orchestrated a scheme that […]
DOJ Special Agents Bring Down Mortgage Fraud Scheme
Theft, forgery, notary fraud and the recording of false documents. It is all laid out in a 57-count complaint that resulted in the arrests of three people accused in a mortgage fraud scheme that targeted homeowners in Northern California. “Cracking open a case like this is labor intensive, it takes time, focus and persistence,” said […]
