Daniel Rudat, 43, was arrested by investigators from the San Bernardino County, California District Attorney's Real Estate Fraud Unit, outside of his residence in the City of Orange, California, regarding felony charges connected to real estate fraud. Rudat was arrested for several felony counts including forgery, conspiracy, and filing forged documents with the County Recorder's Office. Thursday, February 21, 2008, Ronald Fauria, 71, a co-conspirator of Rudat, was arrested at his Irvine home for similar charges.
In 2005, the two forged the signatures on a Grant Deed of a husband and wife who had died in 1977 and 2004, respectively. They subsequently sold the victims' Apple Valley, California property for approximately $215,000.
Both suspects were booked into the West Valley Detention Center located in Rancho Cucamonga, California. Bail for both suspects is set at $250,000 each.
Rachel Dollar, the editor of Mortgage Fraud Blog is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors.