California Homeowner Victimized In Refinancing Scam, Says Lawsuit

In Gilroy, California, the Gilroy Dispatch reports:

• "Wednesday, [a] Gilroy woman filed suit against her broker, E. Anthony Alfaro, and his then-employer, JD Financial Mortgage Inc., claiming Alfaro forged her signature to refinance her home, pocketed the fees, and bilked her of $26,000 deposited by her lender in her account after the refinancing, convincing her to reimburse him for the "accidentally" deposited funds. A closing statement provided by [the woman's] attorney, Judi Silverstein, shows Alfaro received at least $7,925 in fees for the June refinancing. [...] Alfaro could not be reached at any of the phone numbers or e-mail addresses he had previously given ..."

For more, see Homeowner Files Loan Fraud Suit.