Summary
LONG BEACH -- A prominent local real estate agent is among six people named in a federal grand jury indictment that charges the group scammed banks and lending companies by falsely inflating the prices of more than a dozen beachfront condominiums.
Defendant Jason Ray Patterson, who has spent the bulk of his career with Re/Max College Park Realty, entered a not guilty plea in federal court in downtown Los Angeles Wednesday and is awaiting trial, his attorney Mark Hathaway, said Thursday.See the full content of this document
Extract
Indictment for Alleged Real Estate Scheme
Federal authorities allege he and the other defendants named in the indictment were part of scheme that used straw buyers to purchase more than a dozen condominiums, the vast majority of which are in Long...
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