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Federal Jury Finds Sacramento, ca Financing Officials Responsible inside the Mortgage Fraud Conspiracy

Federal Jury Finds Sacramento, ca Financing Officials Responsible inside the Mortgage Fraud Conspiracy

Sacramento, Calif. – To the Saturday, just after a half a dozen-date trial, a national jury located Jaime ento, accountable for one to amount of conspiracy so you can to go cord con, You.S. Lawyer McGregor W. Scott established.

You.S. Lawyer Scott said: Mayorga and you can Rodriguez grabbed benefit of members of the newest Latino neighborhood whom hoped being residents and you can controlled the real house techniques private acquire. Since many times occurs in these types of circumstances, the effect are losings to your creditors and you can communities strained that have foreclosed attributes. Our company is pleased for the diligence and you may reliability of your own FBI during the exploring this case.

Into , Mayorga, Rodriguez, and four someone else were energized from the indictment having conspiracy so you’re able to to visit cable scam. The fresh defendants, plus Mayorga and you can Rodriguez, worked for Delta Land & Credit, a sacramento, ca-oriented a home and you may financial mortgage lender one to falsified mortgage applications discover mortgages to possess borrowers, many of exactly who failed to that can not be eligible for an excellent loan with no lies filed by Delta staff. Mayorga and you may Rodriguez have been realtors and you will financing officers. The today defunct Delta House is centered of the co-accused Mento.

Based on documents, Delta opened one to workplace into the 2003 and finally had several offices in Sacramento, ca, with more department practices into the Woodland, Yuba Town, and you can Southern area Ca. Read more