The term “real estate fraud” refers to a wide variety of illegal activities, including those that include houses, mortgages, rental contracts, and foreclosures. Because of the significant value of real estate, this kind of fraud can frequently result in significant financial losses, and prosecutors have a tendency to treat charges like this with a high level of seriousness. A person who has been accused of committing real estate fraud has the possibility of serving lengthy jail terms, in addition to the possibility of being obliged to pay significant fines and restitution sums.

Real estate fraud offenses might also be charged. If charged with grand theft, the prosecution must prove that the defendant intentionally deceived a property owner by making a false or fraudulent claim or representation with the intent to take ownership of the property and that the victim agreed to transfer ownership as a result of the defendant’s false representation. If you have been a victim of such a crime it’s best to contact a seasoned real estate fraud lawyer in Los Angeles to learn how to best proceed forward in getting the justice you deserve.