12/27/09

District Attorney Action

If any of you have been following the Orange County District Attourney's actions against the couple (husband and wife) in the South County take heart. This couple were both found guilty of the same type of fraud John and Marissa are conducting. Funny but reading the article it sounded like this guy could have been John Cantu himself, apologizing for the mistake, saying he never intended to take the money and he asked the court for lieniency for the sake of his children.

I don't think the judge was buying any of it with the over 40 families that gave victim impact statements detailing the financial hardships, lost retirements and broken families this couple caused. Stay tuned the sentenacing is scheduled for January. We are trying to set up a meeting with the same representative of the DA's office that prosecuted this casue to take up the John and Marissa Cantu case with the same results expected.

Other avenues that are currently being persued are an intervivew with the Securities and Excange Commission (SEC) regarding the investment side of the scam and the FBI. The FBI, Treasury Department and the SEC have just created a task force specifically to deal with Mortgage related scams like the one being conducted by the Cantu's.

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