Indictments against two Sacramento-ar...

Indictments against two Sacramento-area men allege real estate Ponzi schemes

There are 1 comment on the Sacramento Bee Newspaper story from Apr 24, 2011, titled Indictments against two Sacramento-area men allege real estate Ponzi schemes. In it, Sacramento Bee Newspaper reports that:

A federal grand jury has returned indictments in two unrelated real estate Ponzi schemes, resulting in the arrest of two Sacramento-area men.

Join the discussion below, or Read more at Sacramento Bee Newspaper.

Since: Apr 11

United States

#1 Apr 25, 2011
Royce Newcomb aka Royce Lee, currently operating under the guise of Paradigm Foreclosure Specialists with the web site of Paradigmforeclosure.com was arraigned today in Federal Court wearing standard issue Sac County Jail orange jumpsuit. He is to be represented by a Federal Public Defender and is to remain in custody pending arguments by the Attorney General and his defense attorney on Thursday in Federal Court Dept 24. Evidence was raised that Royce continues to defraud individuals through Paradigm Foreclosure even after Contour Escrow's Barry Winnett is facing sentencing in June in the same court.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Sacramento Discussions

Title Updated Last By Comments
How to Recover Deleted Contacts from LG V20 wit... 9 hr Tjkkelt 4
News Jim Porter: 898 new laws for California in 2017 22 hr ghost877 1
Time to rid California of the liberal Jerks in ... Mon Dudley 6
Earn $1000 Per Sale Working 4 Hours A Week Sun jakzre 1
White Guys: Would you date a black girl? Elaborate (Nov '07) Sun LI_NY 5,443
News Folsom Man Suspected of Investment Fraud (Feb '08) Jan 14 Your Service Prov... 73
have hotel room, theres room for female for free Jan 14 Browneye1234 5

Sacramento Jobs

More from around the web

Personal Finance

Sacramento Mortgages