Thank you for a Great Story Michael...Follow him on Twitter....
Jodi Lee Nazir, former Rancho Cucamonga, California real estate agent was located in Manhattan, New York and arrested on April 6, 2010, by US Marshals as a fugitive from justice, on an outstanding felony warrant for embezzlement of funds from her Rancho Cucamonga company's Escrow Trust Account.
Nazir will be held without bail in New York until extradition proceedings are completed. Nazir will then be transported back to San Bernardino County where she will be held on $1,500,000 bail until trial.
Nazir was a Real Estate Broker and Owner of RE/MAX Legends and Legacy Escrow (also known as Inland Empire Real Estate Solutions) in Rancho Cucamonga, California.
She embezzled funds from the escrow trust account of Legacy Escrow in 2006 and 2007, before having her real estate license revoked and her business declaring bankruptcy. Nazir's actions caused buyers to lose earnest money place with Legacy Escrow, and agents to lose commissions, when the funds were not in the commission's account.
She also took agents' commission checks and cashed them at a check cashing business rather than in the business bank account.
A search warrant and arrest warrant were served at Nazir's home in Rancho Cucamonga on March 16, 2010. She was not at the residence at the time of service, but was aware of the pending arrest. Nazir chose to avoid arrest by fleeing to New York and remaining there until she was arrested by the US Marshal's Fugitive Task Force.
The search warrant service of Nazir's residence was aired on ABC channel 7 News. Since the broadcast, several other criminal theft complaints have been reported to the San Bernardino County, California District Attorney's office regarding Nazir.
The new complaints are currently under investigation, and additional charges may be forthcoming.
When we believe in the existence of fraud could affect us individually, more will then start taking active steps, every day, to combat against it. It may be an everyday battle, but the longer we fight the stronger we get, and once something becomes a habit the less difficult it is to achieve; and the harder it is to forget.
It is important to note that institutions don't commit fraud, companies don't commit fraud - people commit fraud.
We must be vigilant against fraud, recognizing its signs and taking proactive, definite, and realistic steps to not only prevent it but also punish it.
It starts with me.
It starts with you.
It starts with us...
Michael S. Richardson
Director/Mortgage Fraud Services
www.mortgagefraudsolutions.com
Author of "An American Epidemic, Mortgage Fraud a Serious Business"
Follow me on Twitter "FocusonFraud"
Comments(1)