Monday, June 04, 2007

S. California Man Accused Of Stealing His Grandmother's Home Equity

According to a report by television station NBC 7/39 in San Diego, California:
  • "Jay Ladran, 31, is facing charges of elder abuse and fraud. According to the sheriff's department, Ladran forged his grandmother's signature in order to steal her home. He allegedly borrowed close to $400,000 against the home, which is located in Imperial Beach. The sheriff's department said that Ladran admitted he used some of the money for a down payment on a home, a failed business and on his "sexual compulsions.""

For more, watch the NBC 7/39 TV report (no longer available online).

To read the online report, see (no longer available online) Man Accused Of Stealing Grandma's Cash (Deputies Say Grandson Used Cash On Strippers, Prostitutes)