Alleged Refinancing Scam Leaves Homeowner Out $105K & Facing Foreclosure; Cops Arrest One, Seek Another, Believe There Are More Victims

In Ontario, California, The San Bernardino Sun reports:

• An Ontario woman is out more than $105,000 and in danger of losing her home after she became the victim of a home mortgage fraud earlier this year, police said. Detectives are investigating Arthur Lee Harris, a 35-year-old Riverside resident, and Nestor Miguel Reyes, a 33-year-old Covina resident, authorities said. The two are suspected of working together in the fraud, which was reported in May.

• "It is a pretty egregious crime, and we know there's more victims," said police Detective Al Parra. Reyes was arrested Thursday on suspicion of perjury, theft and forgery, Parra said. He was booked at West Valley Detention Center in Rancho Cucamonga. Police were still looking for Harris, who could be living in the 1100 block of West Blaine Street in Riverside. He faces the same charges as Reyes.

• "Harris would pose as a finance broker, befriend people, gain their trust and assist in refinancing houses," Parra said. "Customers would discover their house had been refinanced, but for thousands of dollars more than they signed for." Parra said virtually every document that was filed was forged. [...] Investigators think there are more victims in San Bernardino and Riverside counties.

Source: Woman loses $105,000; 2 suspected in fraud case.