Nevada Woman Gets 1 To 4 Years In State Prison For Fleecing Five Homeowners Out Of Over $50K In Loan Modification Scam, Causing Each Victim To Lose Home To Foreclosure

From the Office of the Nevada Attorney General:

• Nevada Attorney General Adam Paul Laxalt announced that Emily Suzanne Vasquez, 47, of Inglewood, CA, was sentenced to one count of attempted theft, a category “C” felony. Vasquez was sentenced as a result of a local, state and federal investigation of a complex mortgage fraud scheme.
  
  Vasquez and other defendants operated a scheme to defraud five homeowners struggling to pay their mortgages and in danger of losing their homes. The victims were lead to believe that Vasquez’ alleged company, California Sky, would perform one or more services, including preventing the foreclosure of their homes, lowering their mortgage payments and refinancing their mortgages and reduce the payment and principal. Vasquez failed to perform any of these services, and all five of her victims lost their homes after paying Vasquez and California Sky more than $50,000.
  
  “The consequences for vulnerable homeowners who fall victim to scams like this one are devastating,” said Laxalt. “My Office will continue to investigate and prosecute frauds like this one to deter future scams and ensure the safety of Nevada’s homeowners.”
  
  Second Judicial District Court Judge Elliott Sattler sentenced Vasquez to 12-48 months in prison, and had the defendant taken into custody. Vasquez was also ordered to pay nearly $53,000 in restitution to her five victims.

Source: Attorney General Laxalt Announces Sentencing for Mortgage Assistance Scam.