ATTORNEY GENERAL’S OFFICE ANNOUNCES ARREST IN MORTGAGE FRAUD THEFT SCAM

[RobJohnson]

Las Vegas, NV – The Nevada Attorney General’s office today announced the arrest of a local realtor, Christopher Brown, who works for Better Homes and Garden Desert Properties in connection with a scam relating to foreclosure auction sales.   The State all...eges that Mr. Brown filed a fraudulent and forged Trustees Deed Upon Sale with the County Recorder transferring a property to an elderly victim prior to the actual foreclosure sale.  The victim had paid cash to purchase the property at auction.  The State alleges instead of purchasing the property, the elderly victim’s payments were diverted by Mr. Brown for his personal use.  The alleged victim is a senior citizen who lost over $115,000 based on the fraudulent promises by the Defendant.   â€œThis case is another example of the type of systematic fraud that is rampant in the mortgage and foreclosure businesses,” said Attorney General Catherine Cortez Masto.  “If you feel you have been involved in this or any other mortgage fraud scam, you should contact my office.”    The case was investigated and is being prosecuted by the Attorney General’s Mortgage Fraud Task Force.  The charges against the named individuals are merely allegations.  The defendants are presumed innocent until or unless proven otherwise in a court of law.   Anyone who has information regarding this case should contact the Attorney General’s Office at 702.486-3132 in Las Vegas or 775.684-1180 in Carson City.