A West Hollywood man who tricked more than 2,000 homeowners into losing $ 7.6 million was sentenced to more than 12 and a half years in federal prison on Monday, officials said.
According to a statement from the US District Court, Patrick Soria, 35, was “a clever scammer who created a very sophisticated plan,” said Judge Dale S. Fischer of the US District Court.
“This isn’t the biggest case in terms of the dollar I presided over, but it’s the bravest and ruthless,” Fisher said.
The prosecution said Soria had implemented a mortgage fraud program nationwide. He filed a fake declaration at the county record clerk’s office and claimed to own the property that sold it.
The prosecution said he used the money to fund lifestyles such as escort services, staying in luxury hotels, and renting luxury cars such as Lamborghini.
Soria also owns some homes by making friends with some homeowners and convincing them that they can reduce their mortgage payments by changing their loans or taking over their mortgages from their lenders. I deceived the person.
“After gaining the trust of the victims, Soria persuaded homeowners to stop paying their true lenders and start paying him,” the statement said.
According to prosecutors, the property involved was in states such as California, Texas, New York, and Nevada.
In March, Soria pleaded guilty to a conspiracy to commit wire fraud and contempt of court.
West Hollywood man gets 12 years for ‘most brazen and heartless’ mortgage fraud – San Bernardino Sun Source link West Hollywood man gets 12 years for ‘most brazen and heartless’ mortgage fraud – San Bernardino Sun