November 17, 2023

A man who was convicted of carrying out a $7 million mortgage fraud scheme has been sentenced to 25 years.  Through his company, purported mortgage investment company Grand View Financial LLC, Robert Sedlar promised consumers that he could clear the liens on their houses and retain the deeds if they transferred the titles to his company and made certain payments.  Instead, the company filed false documents with the courts and county recorders officers that stalled foreclosures but failed to eliminate liens.  CA AG

Tagged in: Housing and Mortgage Fraud,