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Four Indicted In Mortgage Fraud Scam

(Las Vegas, NV) — Nevada Attorney General Catherine Cortez Masto has announced three Nevada residents and one California resident have been indicted by a grand jury on several felonies in connection with their operation of a mortgage lending fraud scam.

A 15 count indictment was returned by a grand jury on April 22, 2013, charging the following individuals:
• Lynda Finch-Estrada, 54, of Las Vegas, Nevada
• William Chrissikopoulos, 43, of Las Vegas, Nevada
• Alan Dornhuber, 63, of Las Vegas, Nevada
• William Patterson, 51, of El Monte, California

KXNT spoke with Dep. Attorney General Sarah Overly and was told the biggest why the scam was out of the ordinary.

“These defendants requested upfront fees. Generally, the acceptance of upfront fees is not legal unless you are dealing with an attorney. If you ever feel like you have a legal remedy in regard to your loan contact an attorney,” says Overly.

Cortez Masto created the Home Again Nevada Homeowner Relief Program in January in response to the National Mortgage Settlement to aid borrowers that are underwater, as well as homeowners entering foreclosure and households working toward homeownership.

“If anyone is ever concerned that they are dealing with an issue that could subject them to being a victim of a crime, then we encourage them to contact our consumer protection hotline (702 486 3132). They can submit a complaint and let the AG’s office know if they have any issues that aren’t on the up-and-up,” says Overly

Details on the Home Again Nevada program can be seen below.


  • http://securitizationauditpro.com/securitizationews/latest-mortgage-fraud-news-2/ Latest Mortgage Fraud News - Securitization News

    […] 4 Indicted In Mortgage Fraud Rip-off (Las Vegas, NV) — Nevada Lawyer Basic Catherine Cortez Masto has introduced 3 Nevada people and one California resident have been indicted by a grand jury on many felonies in link with their procedure of a mortgage lending fraud … Read through far more on CBS Regional […]

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