Phoenix man pleads guilty in real estate scam, claimed title of Phoenix-area homes

  Back to News

A Phoenix man has plead guilty to fraud and money laundering in a real estate scam that involved claiming title to Valley residents' homes.

Daniel Barraza Nevarez filed quitclaim deeds illegally transferring ownership in Paradise Valley, Scottsdale and Phoenix homes between November 2017 and February 2018, according to the Arizona Attorney General's Office.

He then used the homes to try to take out home equity loans.

Nevarez used a fake identity for the scam, but an undercover operation handled by the state prosecutor and the Scottsdale Police Department discovered the fraud.

Nevarez illegally transferred almost $3.5 million in property deeds.

The plea deal requires Nevarez to pay $21,708 in restitution for legal fees for the victims. He will also serve at least eight months in a Maricopa County jail.

In September, Jon Richard Rattray of Gilbert was indicted for fraud, money laundering, identity theft and forgery, according to the state Attorney General. He's suspected of taking out multiple mortgages on metro Phoenix homes to tap their equity and then filing documents to hide the loans.

Nevarez is scheduled to be sentenced Nov. 8 in Maricopa County Superior Court.

SHARE:

  BACK

Home Title Lock

Property ownership is not just the American dream, it's also the most flexible financial tool to build family prosperity. Home Title Lock ensures that your assets are protected against Title Fraud and Title Thieves.

Find Out More


How Title Fraud Works

Thieves simply change ownership of your home from YOU to THEM. Then they TAKE OUT LOANS on your home and just disappear - leaving YOU with the payments and a mountain of legal bills.

Click to see if your home's title has been compromised.
Get your FREE TITLE SCAN and COMPREHENSIVE TITLE REPORT (a $100 value FREE with sign up)

RISK FREE SIGNUP

Speak to a live agent
(800) 899-6268


You Need Home Title Lock to Protect Your Property

Thirty years ago we started creating the largest database of property records in the United States. Today, that database has 6.1 billion property records. We protect your property value and ownership from on-line threats both foreign and domestic.

GET PROTECTED

Risk Free for 60 Days

Speak to a live agent
(800) 899-6268


Watch This Now

Title Fraud is NOT COVERED by

Your Bank

Legal Trust

Homeowners Insurance

Identity Theft Protection

You Need Home Title Lock to Protect Your Property

GET PROTECTED
Sign Up  

Activate Title Lock alerts and secure your property from fraudulent title filings