San Bernardino DA Bags Five In Alleged Conspiracy That Used Unwitting Victim's ID To Obtain $1M In Home Loans

From the Office of the San Bernardino County, California District Attorney:

• [A]ndy Williams, 38, of San Bernardino, surrendered himself to San Bernardino County District Attorney's Investigators for real estate fraud related charges. Williams was arrested for numerous felony counts including grand theft, forgery, and filing forged documents with the County Recorder’s Office. Within the last two weeks, four other co-conspirators, Angela Cotton, 38, of Fontana, Frederick White, 31, of Beaumont, Terry Wallace, 41, of Mira Loma, and Donell Spencer, 43, of Lancaster, were arrested on similar charges on the same investigation.

• In 2006, the suspects conspired to obtain real estate loans by fraudulently using the victim's identity. [...] The victim's signature was forged on loan documents and Deeds of Trust. Approximately $1,000,000 was stolen due to these fraudulent loans. The victim had no knowledge of these loans until months later when she was contacted by lending institutions for lack of payment.

For the DA press release, see San Bernardino Man Arrested for Real Estate Fraud.