Unwitting Straw Buyer Sues Bakersfield Broker For Unauthorized Use Of His Name In Flipping Deal, Ruining Credit, Leaving Him Holding The Bag

In Bakersfield, California, KGET-TV Channel 17 reports:

• An Oakland man is suing former Realtor David Crisp, saying Crisp used the man's name in a house flipping scheme that ultimately defrauded lenders. Jorge Ochoa says David Crisp destroyed his good credit. Ochoa wants $75,000 in damages. "He was just a victim, one of many, of the scams of David Crisp," Ochoa's attorney Harvey W. Stein said.

• The state stripped Crisp of his real estate license following a hearing in July 2008, and he and his former business partner Carl Cole are the subjects of an ongoing FBI mortgage fraud investigation.

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• Stein filed a lawsuit on Ochoa's behalf for $75,000, saying Ochoa's credit card interest rates have gone through the roof. But Crisp has not responded to the lawsuit, and Stein is moving for a judge decide in his client's favor by default.

For more, see Suit: Man was victim of David Crisp scheme.

For the lawsuit, see Ochoa v. Crisp.