The state alleges that Mr. Brown filed a fraudulent and forged trustees deed upon sale with the county recorder, transferring a property to an elderly victim prior to the actual foreclosure sale. The victim had paid cash to purchase the property at auction. The state also alleges that instead of purchasing the property, the elderly victim’s payments were diverted by Brown for his personal use. The alleged victim is a senior citizen who lost over $115,000 based on the fraudulent promises by the defendant.
“This case is another example of the type of systematic fraud that is rampant in the mortgage and foreclosure businesses,” said Attorney General Catherine Cortez Masto.
The case was investigated and is being prosecuted by the Attorney General’s Mortgage Fraud Task Force.
Anyone who has information regarding this case should contact the Attorney General’s Office at 702-486-3132 in Las Vegas.