Operators of Mortgage Loan Modification Business Plead Guilty to Conspiracy to Commit...

Operators of Mortgage Loan Modification Business Plead Guilty to Conspiracy to Commit Fraud

SAN DIEGO, CA – February 15, 2012 – (RealEstateRama) — Three individuals charged with conspiracy to commit wire fraud and mail fraud for their roles in operating a fraudulent mortgage loan modification business pled guilty today in federal court in San Diego, announced United States Attorney for the Southern District of California Laura E. Duffy. According to the plea agreements, Ziad Nabil Mohammed Al Saffar and Sara Beth Bushore Rosengrant admitted that they operated the fraudulent loan audit and modification business, located in San Diego, California, under the names “Compliance Audit Solutions, Inc.” (“CAS”) and CAS Group, Inc., (“CAS Group”). Daniel Al Saffar admitted that he worked as a sales representative in connection with the operation.

Previous articleMen’s Wearhouse Opens New Brooklyn Store In Deal Negotiated by Sholom & Zuckerbrot
Next articleJanuary California home sales, median price dip, C.A.R. reports