Six Los Angeles county residents have been charged with several counts of wire fraud and conspiracy for their roles in a mortgage fraud scheme. Among the six, Anthony Lewis, Maria Arriaza, and Deon Jackson used fraudulent loan applications and documents to sway lenders into handing over twenty loans, totaling $4 million.
Aiding the conspiracy were Jennifer Le, a former loan professor, and Matthew Balsz, a former bank employee. Le and Balsz accepted bribes to assist in the mortgage fraud scheme. They are both being charged with conspiracy.
Financial fraud is a serious matter, and sadly, because of the contraction of the economy, the rate at which mortgage and other financial fraud occurs is higher today then it was back just a few years ago. If you are the victim of any kind of financial fraud, you should contact a personal injury attorney at your earliest convenience. Let a professional guide you through tough times toward compensation.