Fontana Man pleads guilty to Grand Theft in Foreclosure Scam

Fontana resident Jose Armando Rodriguez (DOB 11/20/59) pleaded guilty to grand theft, foreclosure consultant fraud, and recording a false instrument. The charges are the result of an investigation conducted by the District Attorney’s Real Estate Fraud Unit.

Rodriguez owned and operated Global Home Investments (GHI.) Five victims gave Rodriguez monies after being promised GHI would save their distressed homes from foreclosure. Victims received no assistance whatsoever from Rodriguez. Victims relied upon Rodriguez’s promises to save their residences from foreclosure and ultimately lost their homes as a result.

In addition to taking victims’ monies, Rodriguez also caused false trust deeds and assignments of rent to be recorded against some victims’ homes. The fraudulent liens were discovered when victims later attempted to short-sell their homes and learned of the encumbrances. The total monetary losses to victims were approximately $50,000.

Rodriguez will be sentenced on February 15, 2017, at 8:30 a.m. in courtroom 36. He is expected to be sentenced to 365 days in jail, placed on 60 months of formal probation, and ordered to pay full restitution.


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