Four more Colorado residents were indicted this month on charges related to a mortgage fraud scheme, officials said. The First Judicial District Grand Jury in Jefferson and Gilpin Counties on Sept. 16 returned an indictment charging Jose Alfredo Ramirez, Perla Alvarado, Ludibeth Salazar, and Lucina Loma with violations of the Colorado Organized Crime Control Act, a class 2 felony, according to a statement from District Attorney Scott Storey. The indictment alleges that loan officer Alvarado, Loma and Salazar fraudulently obtained loans for home buyers solicited by Ramirez. The three were employed by metro-area mortgage firms and engaged in the sale of residential property under the general supervision of Ramirez. He and his associates conducted their real estate business in...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.