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Vegas Man Arrested In Mortgage Fraud Case

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(photo: istock)

(photo: istock)

The Las Vegas Morning News
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Photo Credit: http://www.cumortgageservice.com

A former longtime Las Vegas mortgage officer is accused of defrauding distressed homeowners trying to refinance or adjust home mortgages, and of unlawfully collecting Social Security disability benefits for 20 years.

U.S. Attorney Daniel Bogden says 64-year-old Alex Soria’s Nevada mortgage agent license expired in April 2008, but that he continued to tell homeowners he could help them obtain financing through federal programs.

Soria was arrested Thursday on an 11-count indictment charging him with fraud, theft, and other federal charges.

He pleaded not guilty before a U.S. magistrate judge in Las Vegas who allowed him to remain free without bond pending trial June 27.

The indictment alleges Soria fraudulently collected about $17,000 from 15 homeowners. It says he was a mortgage officer for 38 years before his license lapsed.

Copyright 2011 The Associated Press.

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