Lake Elsinore Man Targeted In Three-Year Fraud Investigation
Detectives in Lake Elsinore recently announced that they had concluded a three-year investigation by arresting a man whom they allege ran an extensive and sophisticated home loan modification fraud operation.
Police think the 34-year-old man ran a business called First Universal Solutions that he used as front to take more than $50,000 from 16 homeowners of California and Hawaii. He faces similar charges in Orange County, where authorities think he defrauded an additional 60 victims.
The man was arrested on Thursday, June 12 and booked into Southwest Detention Center in French Valley, where he remains in lieu of $250,000 bail.
Investigators from the U.S. Postal Service, U.S. Treasury Department and Lake Elsinore Police Department collaborated on the three-year investigation.
Now, one thing to gather from this story is that this man was the target of a lengthy, detailed and very strategic investigative operation by powerful, resource-rich organizations. It would be understandable if he were feeling a little overwhelmed.
This man would do well to retain the services of a criminal defense attorney who has the experience and knowledge necessary to defend him against such a carefully orchestrated investigation. White collar crimes like this are detailed and complicated, so they aren't matters that just anyone can address.
At the Law Office of Nicolai Cocis & Associates, we handle criminal defense matters of all kinds, from drunk-driving allegations to white collar crime allegations such as these. From our office near the Southwest Justice Center, we assist clients from Lake Elsinore, Hemet, Temecula, Murrieta, Corona and many other Riverside County communities. If you think you need to speak with a lawyer, please feel free to contact us today for a free initial consultation.