Saturday, May 25, 2024

Real Estate Fraud

Real Estate Fraud Attorneys

Experienced, Aggressive Defense When Your Freedom Is at Stake

Is it a legitimate business practice or intentional criminal fraud?
That is often the question.

We have witnessed an unprecedented level of real estate fraud from both lenders as well as consumers over the past five years. Many Real Estate investors feel victim to the lure of easy money and became trapped when the bottom feel out of the housing market. Due to questionable underwriting practices during the subprime mortgage disaster, state and federal law enforcement have redoubled efforts to crack down on real estate fraud. Investigators and auditors review loan applications to determine if the information provided was correct, ferret out “straw buyers,” and look for deviations from standard underwriting protocols.

If you or someone you know are involved in a real estate deal in the Oakland-San Francisco Bay Area that is being scrutinized by investigators, contact the Real Estate Fraud Attorneys at the Law Offices of Robert J. Beles today. We have offices in Oakland, Fremont, Concord, Pleasanton and Hayward.

At the Law Offices of Robert J. Beles, our criminal lawyers review the actions of investigators and work with forensic accountants and underwriting experts in order to expose weaknesses and questionable evidence against our clients. Our participation in the early stages of an investigation can often redirect the focus of an investigation away from our client or preempt further intrusion into the privacy of our client.

Regardless of whether you’ve already been indicted for real estate or mortgage fraud, or you are under investigation, contact our criminal defense law firm to schedule a free, confidential consultation.

Fighting Accusations of Real Estate and Mortgage Fraud

Our criminal defense attorneys advise and represent clients charged with real estate fraud and mortgage fraud involving the following:

  • House flipping
  • Use of straw buyers
  • Submitting fraudulent information on mortgage applications
  • Underwriting irregularities
  • Over-reporting income
  • Failure to report secondary residence

House Flipping, Mortgage Fraud, and Real Estate Investors

Before the subprime mortgage disaster, real estate investors would purchase a property and upgrade it in order to resell it at a profit. When the bottom began to fall out of the market, a number of real estate investors found themselves burdened with multiple mortgages they could not clear or no longer afford. In the process, debts and other financial information may not have always been accurately reported on mortgage applications.

In other instances, real estate investors who could not qualify — or did not want to qualify — for a mortgage using their own information, used “straw buyers” to front for a loan. This could be a relative, a friend, or a colleague. After the purchase and sale of a home or property, the real estate investor would then divide a portion of the profit with the straw buyer.

Fighting Allegations of Mortgage Fraud and Real Estate Fraud

In both kinds of fraud, investigators often assume there is criminal intent where there may be none. While ignorance of the law is not a defense to being charged, it may mean the difference between having the charges and sentence against you reduced or dropped and spending years in prison. That’s why our criminal attorneys tell our client’s side of the story, providing information that prosecutors often ignore in trying to paint the worst possible picture of a defendant.

As such, a defendant who may have strayed outside the law in order to buy time to regain his or her financial footing and set things right is different from someone who intentionally falsifies information as a grifter or crook. Unfortunately, prosecutors don’t always distinguish the two.

Contact The Law Offices of Robert J. Beles Today

We understand the financial issues involved in mortgage fraud and real estate fraud. As criminal defense attorneys with years of experience serving clients throughout the East Bay, we also understand how investigators think and how the court system works. Put our experience and knowledge to work for you — contact the Law Offices of Robert J. Beles today

State Certified Specialists
Robert Beles - State Certified Criminal Law Specialist
Anne Beles - State Certified Criminal Law Specialist
Paul McCarthy - State Certified Appellate Law Specialist
Emilio Parker - State Certified Immigration Law Specialist
California Board of Legal Specialization

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    Contact us for a free consultation: (510) 836‑0100
    Let our experience work for you. We can help!

    Very Pleased with Robert’s Services

    "Robert Beles and his team are straightening out my matters that the San Francisco public defender left in shambles. I had to be patient and wait for court dates and for judges to rule in my favor. Thanks to Robert and his team my future looks much better and my record is clean."


    Beles Law Office Can Handle Anything in the Criminal Law World

    "Robert has been practicing many many years and can handle anything. My experience with them has been great."

    Mike M.

    Super Lawyers California State Bar Preeminent Lawyers California Board of Legal Specialization National Association of Criminal Defense Lawyers
    California Attorneys for Criminal Justice Avvo Rating 10.0 - Robert J. Beles AILA Best of Oakland Winner
    Office Locations

    Oakland Office
    The Ordway Building
    1 Kaiser Plaza - Suite 2300
    Oakland, CA 94612
    Phone: (510) 836-0100
    Fax: 510-832-3690

    Hayward Office
    22320 Foothill Blvd.
    Hayward, CA 94541
    Phone: (510) 836-0100

    Fremont Office
    39560 Stevenson Place - St 217
    Fremont, CA 94536
    Phone: (510) 745-7755

    Pleasanton Office
    4900 Hopyard Rd. - Suite 100
    Pleasanton, CA 94588
    Phone: (925) 460-5400

    Walnut Creek Office
    2121 N. California Blvd
    Walnut Creek, CA 94507
    Phone: (925) 460-5400

    San Jose
    2880 Zanker Road, Suite 203
    San Jose, CA 95134
    Phone: (510) 836-0100

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