DOJ v. Victor Hugo Villalobos Almazan and Nayeli Noemi Montoya Rodriguez

Victor Hugo Villalobos Almazan and Nayeli Noemi Montoya Rodriguez allegedly participated in a conspiracy to fraudulently sell homes they did not own and to launder approximately $1 million in proceeds. The conspirators allegedly posed as legitimate property owners and used fraudulent documents to sell real estate they did not own to unsuspecting buyers. They then reportedly routed the proceeds from the sales through bank accounts controlled by the defendants. Villalobos and Montoya admitted they opened bank accounts using business names similar to those of the legitimate property owners and used those accounts to receive proceeds from the fraudulent sales before transferring the money abroad. Specifically, Villalobos and Montoya admitted they lied to open bank accounts to facilitate the sales of homes at 3873 36th Street and 555 Hollister Street in San Diego.

Summary generated from official Department of Justice press release