News Releases

January 25, 2017: Man Sentenced in Real Estate Fraud Case

Contact: 
Greg Risling, Public Information Officer
(213) 257-2000

A man was sentenced today to six years in state prison after pleading no contest to obtaining nearly $900,000 in fraudulent loans, the Los Angeles County District Attorney’s Office announced.

Roberto Sanchez Perez (dob 3/21/68) entered his plea to one count each of first-degree residential burglary, grand theft and procuring and offering a false or forged document.

He was immediately sentenced by Los Angeles County Superior Court Robert Vanderet who ordered the defendant to pay $895,000 in restitution to Fidelity National Title.

Deputy District Attorney Daniel Kinney of the Real Estate Fraud Section prosecuted the case.

Beginning in November 2015, Perez used homeowners’ identities to obtain loans in their names without their knowledge. In one instance, Perez arranged for an elderly victim to leave his house so an appraiser could come by and value the property.

Two loans were funded and the money was wired to a bank account linked to Perez.

Case BA450997 was investigated by the Los Angeles County Sheriff’s Department’s Fraud and Cyber Crimes Bureau.