Three sentenced in large-scale Pico Rivera real estate loan modification scheme

PICO RIVERA >> A judge Friday sentenced three of four people linked to a massive real estate loan modification scheme in Pico Rivera victimizing more than 500 Spanish-speaking homeowners already in financial distress, authorities said.
The years-long investigation into the company “Safe Haven,” also known as, “Your Dreams Come True,” has resulted in four felony convictions and the disbarment of an attorney, Sgt. Dana McCants of the Los Angeles County Sheriff’s Fraud and Cyber Crimes Bureau said in a written statement. Another suspect in the case remains a fugitive.
The investigation began in September of 2009 in response to customer complaints about the company, located on Slauson Avenue, officials said. Many of the victims sought out the fraudulent company for help after hearing advertisements on Christian Spanish radio.
“Safe Haven posed as a loan modification and foreclosure consultant company, but the entire premiss of their business was a scam,” McCants said.
“The Real Estate Team responded to the Safe Haven business office in Pico Rivera and served search warrants which led to the seizure of thousands of fraudulent documents and paperwork,” McCants said. “All the homes were being foreclosed on and all of the victims money had been taken (or) misused by the suspects.”
The Los Angeles County District Attorney’s Office ultimately filed fraud charges against five suspects in May of 2010, officials said.
Safe Haven Executive Director, who previously denied any wrongdoing, accepted a plea deal in the case in September, along with co-defendants Alex Canjura, Erika Perez and Oswaldo Flores, McCants said. Canjura received a 5-year prison sentence immediately following his plea.
Jurado, Perez and Flores, who have been free on bail, were sentenced Friday.
Jurado and Canjura each received a 5-year-prison sentenced, McCants said. A Los Angeles County Superior Court judge sentenced Perez and Flores to 16 months in county jail each.
The convicts were also ordered to pay $4.5 million in restitution.
Prior the filing of criminal charges, Jurado denied any wrongdoing, saying the company was merely, “behind on the files.”
A fifth suspect in the fraud case, Candy Cabrera, fled from Canada upon learning she was to be extradited back to California to face charges, McCants said. She is believed to be hiding out in Nicaragua.
An attorney involved with the bogus loan modification company, Tanmay Mistray, was disbarred after being accused of 13 counts of professional misconduct, McCants added.
— Staff Writer Ruby Gonzales contributed to this report.

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Meet South Pasadena’s “Bernie Madoff”

South Pasadena’s Bernie Madoff will be in court today for arraignment:

SOUTH PASADENA – The man local authorities have dubbed “Bernie Madoff of South Pasadena” is scheduled to be arraigned Friday at Los Angeles Superior Court.

Morris Gussin is facing twenty felony counts of grand theft and securities violations in a multi-million dollar Ponzi scheme.

He was arrested by a Federal Bureau of Investigations Task Force in Las Vegas and was extradited by South Pasadena authorities after a two and half year investigation.

Janice and Carlos Sams Cespedes said they were referred to Gussin by a mutual friend to help them go over their insurance policy and write a will after Carlos was diagnosed with a brain tumor in 2004.

“She trusted him and because she trusted him, I trusted him,” Janice said. “He used her name because she’s known in the Pasadena community and unbeknownst to her he was stealing people’s money.”

Gussin is being represented by the law firm of Brown, White & Newhouse, LLP.

“(Gussin) will certainly enter a plea of not guilty to the charges,” said George Newhouse, attorney. “A great number of the charges appear to be seven or eight years old and under the law they have three years to allege grand theft.”

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Nurses gone wild

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At left is Susan Bendigo, also known as Susan Lim. She’s a federal fugitive in a 42-defendant case involving shady nurses operating out of Santa Fe Springs. 

The US Attorney’s office unsealed indictments against several local nurses allegedly involved in a Medicare scam. Thom Mrozek, spokesman for the US Justice Department sent out a press release referring to the caper as “Nurses Gone Wild.”
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