Hubert Jene Turner, 36, Corona, California was arrested on charges of obtaining money under false pretenses, identity theft and posing as a real estate agent in connection with a real estate scheme. He allegedly posed as a real estate agent, agreed to buy homes for $20,000 to $50,000 over the list price - asking sellers to credit him the extra money for closing costs or improvements - and then used the credit and identity of a Riverside resident (Kevin Turner) to obtain 100% financing. Total losses are estimated at $2M. Hubert Turner was paroled from prison in September after serving two years for a similar crime.
Information on this scheme should be directed to Detective Frank Zellers, Corona Police Department, (951) 736-2337.
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.