A federal investigation of a company in Irvine that offers financial and insurance services has led to charges for three executives of the firm who have allegedly been found to have stolen investments totaling over $4 million from several elderly clients. 50-year-old Mehmet Fatih Biyikoglu is the CEO and founder…
An ex-insurance agent from San Clemente has been accused of using fraudulent practices to profit off of investments he made for at least six elderly clients in Southern California. 55-year-old Mark Malatesta, a man employed as a licensed insurance agent, was taken into custody on Monday after the California Department…
After an FBI investigation into what they believe is a fraudulent operation targeting homeowners facing foreclosure by offering low interest loan modifications, three men from Southern California are facing federal charges as suspects in the alleged hoax. At the start of 2014 under the name Hope Services, homeowners in danger…
A 67-year-old man is facing hundreds of counts of wire fraud and money laundering for alleged participation as what police call a “middle man” in a common type of email scam dubbed “Nigerian prince.” These shams, so named for many of them originating in Nigeria though they happen all over…
Louisville resident Kingsley I. Ekpendu has been accused of targeting elderly people using a hoax consisting of telling them they had won cash prizes in a sweepstakes. He allegedly extorted money from the assumed winners after sending them counterfeit checks to deposit into their bank accounts. He then asked that…
Angel Bronsgeest, a 55 year old woman from Lake Forest, plead guilty on Monday to federal charges of being involved in a real estate scam that cost Southern California investors $3.5 million, according to the United States Attorney’s Office. Bronsgeest admitted that she, along with Shawn Watkins, a 46 year old man…