Orange County District Attorney Press Release
For Immediate Release: July 1, 2014
Case # 14CF0585
MAN TO BE ARRAIGNED FOR DEFRAUDING OVER 40 VICTIMS IN $92,000 LOAN MODIFICATION SCHEME
SANTA ANA – A man is scheduled to be arraigned today for defrauding 42 victims of over $92,000 by operating a fraudulent loan modification company. Duy Khac Nguyen, 34, Garden Grove, is charged with 37 felony counts of grand theft, five felony counts of theft from elder, with a sentencing enhancement for property loss over $65,000. If convicted, he faces a maximum sentence of 33 years and eight months in state prison. He is being held on $90,000 and must prove the money is from a legal and legitimate source before posting bond. Nguyen is scheduled to be arraigned this morning in Department C-57, Central Justice Center, Santa Ana.
Between February and July 2010, Nguyen is accused of owning and operating a fraudulent loan modification company called HAMP Resources in Garden Grove. He is accused of falsely claiming to be affiliated with the federal government’s Home Affordable Modification Program (HAMP) and obtaining a business license from the City of Garden Grove. The defendant’s business and the federal government’s HAMP are not affiliated in any way. Continue reading