Orange County News

5 OC men charged in SoCal foreclosure scam

Monday, March 05, 2012
Five men have been charged with scamming Southern California homeowners trying to save their homes from foreclosure.

Five men have been charged with scamming Southern California homeowners trying to save their homes from foreclosure. (KABC Photo)

Five Orange County men have been charged with scamming Southern California homeowners seeking help to save their homes from foreclosure.

Prosecutors say the five took upfront fees from homeowners promising to deliver loan modifications. They allegedly kept the money and disappeared.

The men are charged with at least seven felony counts of grand theft, plus other charges.

Jacob John Cunningham, 24, of Irvine; Justin Dennis Koelle, 23, of Costa Mesa; Andrew Michael Phalen, 25, of Mission Viejo; Dominic Adam Nolan, 30, of Irvine; and John D. Silva, 27, of Irvine, were all arrested and charged.

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