Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Wednesday, October 21, 2015
Trio Pinched For Allegedly Conning Elderly Man To Move Out Of His Home Under Loan Modification Pretext, Then Filing Forged Deed To Illegally Snatch His Property Title
From the Office of the Ventura County, California District Attorney:
District Attorney Gregory D. Totten announced [] the arrests of Patrick Abrahamian, Michelle Abrahamian and Taline Indra. Patrick Abrahamian is charged with three felony counts of filing a forged instrument. Michelle Abrahamian and Taline Indra are each charged with a felony count of filing a false instrument and a felony count of forgery. The defendants are also alleged to have taken property in excess of $500,000. The charges are the result of an investigation conducted by the District Attorney’s Real Estate Fraud Unit.
Patrick Abrahamian is alleged to have approached the 65-year-old victim in 2012 with an offer to help negotiate a modification of his mortgage. In return, the victim agreed to move out and lease his home to Abrahamian while Abrahamian supposedly negotiated a new mortgage. At the end of the lease term, Abrahamian refused to vacate the home as the victim requested. After consulting with an attorney, the victim learned that a notarized grant deed had been recorded that conveyed his home to Abrahamian’s wife, Michelle Abrahamian, a licensed real estate broker.
The deed was allegedly signed by the victim in the presence of a notary public, defendant Taline Indra, who is the sister of Michelle Abrahamian. The investigation determined the victim never met Indra nor signed the grant deed. After the deed was recorded, Patrick Abrahamian is further alleged to have impersonated the victim in a lawsuit filed by Abrahamian against the victim’s lender.
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