Father & Daughter Team Charged With Mortgage Fraud

admin —  March 10, 2010 — Leave a comment

Guadalupe Ramirez and Augustine Ramirez, Bakersfield, California, have been charged in connection with a mortgage fraud scheme.

Per court documents, Guadalupe arranged for his daughter to purchase properties, where, Augustine received kickbacks ranging from $65,000 to $100,000 from the sellers that were not disclosed to the lenders, thus deceiving the lenders as to the actual purchase price of the properties.

The charges were filed the Kern County District Attorney Office.

Be Sociable, Share!


Posts Google+

No Comments

Be the first to start the conversation.

Leave a Reply

Text formatting is available via select HTML.

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>