Three women held in Stockton mortgage fraud

December 3, 2011 

— Three top officers of a Stockton real estate company were arrested Thursday on suspicion of taking thousands of dollars in upfront loan modification fees and making false promises to lower the mortgage payments of struggling Central Valley homeowners, according to a news release from Attorney General Kamala D. Harris.

Magdalena Salas, 42, Angelina Mireles, 42, and Julissa Garcia, 36, all of Stockton, were arrested on 13 felony and two misdemeanor counts, including conspiracy, grand theft and false advertising, Harris said.

They are being held at the San Joaquin County Jail in French Camp on $100,000 bail. Salas, owner of Legacy Home Loans and Real Estate; Mireles, her twin sister; and Garcia took upfront fees of up to $5,000 from dozens of Central Valley homeowners for loan modification services that were never performed, according to Harris.

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