Saturday, November 08, 2008

Suspect Charged With Giving Phony Lien Satisfaction To Escrow Company Arrested Again For Using Bogus Credit Docs, Rubber Checks To Buy Vehicle

The San Bernardino County District Attorney annouced earlier this week that, Bayandre Valentine Lewis, 34, who currenly faces a charge related to real estate fraud, was arrested again at the Rancho Cucamonga Courthouse on an unrelated charge of vehicle theft.

  • Lewis, who in 2006 operated a now defunct mortgage brokerage called Baylyfe Mortgage in Upland, Ca., is currently accused of supplying a forged satisfaction of lien document to an escrow company during a refinance transaction in order to circumvent the payment of a civil judgment.

  • Prosecutors allege that in late July 2008, while he was out of custody on a bail bond, Lewis provided false credit documentation and checks with insufficient funds to Crown Toyota in Ontario in order to secure the purchase of a used 2008 F350 pick-up. The amount financed was in excess of $40,000.00. Lewis refused to return the vehicle for several weeks, and it was ultimately located and repossessed from [a] mall parking lot on October 8, 2008. [...] His bail was set at $525,000.

For the DA's press release, see Rancho Cucamonga Man Arrested for Vehicle Theft.