Web www.bestsyndication.com


 

Subscribe to our news

Enter your email address:


Add to Google
Add to My AOL  


Former Rancho Cucamonga Real Estate Broker Sentenced to Prison

|

(Best Syndication News) BREAKING NEWS - San Bernardino, CA. – On Wednesday, January 27, 2010, Mojgan Cox, 50, of Alta Loma, pleaded guilty to several felony charges including conspiracy, money laundering, grand theft, and forgery. Cox, also known as “Mona,” is a former real estate broker for ReMax Allegiance and owner of Exclusive Escrow Services.

She is one of six co-defendants originally charged and arrested by District Attorney Investigators from the San Bernardino County District Attorney's Real Estate Fraud Unit.

Mojgan Cox is the third defendant to plead guilty in this matter. The case involved laundering money from an escrow trust account into a corporation opened up by her son, Jesse Cox, who is one of the remaining defendants in this case.

The money was used to purchase a home in Yucaipa using a "straw buyer," which subsequently went into foreclosure. The defendants had the proceeds from the purchase of that Yucaipa residence transferred back into Exclusive Escrow Services' general account and used for such things as paying the office lease and personal bills.

Mojgan Cox pleaded guilty and was sentenced to five years in the California State prison system.

By: Susan Mickey

Share/Save/Bookmark
       Post to Facebook

Important: The material on Best Syndication is for informational purposes only and is not meant to be advice. Authors may have or will receive monetary compensation from the company's product/s mentioned. You should always seek professional advice before making any legal, financial or medical decisions and this website cannot substitute or replace any trained professional consultation.
Use of this site means that you agree to our TERMS OF SERVICE

Advertise On This Site
Copyright © 2006-2014 By Best Syndication All Rights Reserved

Enter your email address:

Subscribe to our

Business News