| For Immediate Release Case # 10CF0477
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Susan Kang Schroeder Public Affairs Counsel Office: 714-347-8408 Cell: 714-292-2718 Farrah Emami |
MOTHER AND DAUGHTER TO BE IN COURT ON CHARGES OF CONSPIRACY TO COMMIT OVER
$16 MILLION IN REAL ESTATE FRAUD BY FORGING DOCUMENTS AND PURCHASING HOMES USING “STRAW BUYERS”
*Daughter’s husband and sister have also been charged in this case
SANTA ANA – A mother and her daughter will be in court tomorrow on charges of conspiracy to commit over $16 million in real estate fraud by forging documents and purchasing homes using “straw buyers.” The daughter’s husband and sister are also charged in this case. A straw buyer is a person who knowingly and willingly allows their credit to be used for the purchase of a property they never intend to control. The four defendants are accused of working together to secure loans for “straw buyers” using forged and false documents.
Defendants
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Name: Sushama Devi Lohia |
Age: 71 |
Residence: Newport Beach |
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Charges: 13 felony counts of conspiracy to commit a crime, 19 felony counts of forgery, six felony counts of identity theft, four felony counts of recording false and forged instrument, one felony count of grand theft, and sentencing enhancement allegations for loss over $100,000, property damage over $3.2 million, and aggravated white collar crime over $500,000 |
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Relationship: Mother of Supriti Soni and Suniti Shah |
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