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HomeMy WebLinkAboutMINUTES - 07182000 - C154 10* ,- TO: BOARD OF SUPERVISORS CONTRA FROM: Phil Batchelor COSTA County Administrator COUNTY DATE: JULY 11, 2000 SUBJECT: REPORT ON REAL ESTATE FRAUD PROSECUTION PROGRAM SPECIFIC REQUEST($)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATIONS: ACKNOWLEDGE receipt of report on the District Attorney's Real Estate Fraud Prosecution Program. FINANCIAL IMPACT: None. REASONS FOR RECOMMENDATION/BACKGROUND: In accordance with the provisions of Government Code §27388,the attached report fulfills the requirement of an annual report to the Board of Supervisors covering the activity of the Real Estate Fraud Prosecution Program. CONTINUED ON ATTACHMENT: —YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR�RECOMMENDATI OA COMMITTEE PROVE OTHER SIGNATURE(S):\, , ACTION OF OARD ON - APPROVED AS RECOMMEND OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A p UNANIMOUS{ABSENT_ #1 TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ABSENT: _ABSTAIN: ON MINUTES OF THE BOARD OF Contact: Lisa Driscoll(925)336-10166 SUPERVISORS ON THE DATE SHOWN. CC: CAO-Justice Systems Programs ATTESTED -hi y 2000 District Attomey PHIL BATCHELOR,CLERK OF THE BOARD F SUPERVISORS AND COUNTY INISTRATO B DEPUTY Office,Of District Attorneyr�tr GaryT.Yancey District Attorney Court House, Fourth Floor Costa P.O.B6x 670 �`' Martinez,California 94553-0150 County (925)646-4500 > Board of Supervisors - s Contra Costa County 651 Pine Street Martinez, CA 94553 June 14, 2000 Dear Board Members: RE: Report on Real Estate Fraud Prosecution Program Pursuant to Government Code § 27388, I am reporting to your Board on the Real Estate Fraud Prosecution Program I operate for the County. Effective July 1996, your Board authorized the addition of a Deputy District Attorney and District Attorney Senior Inspector to my staff for the investigation and prosecution crimes of real estate fraud,to be offset by revenue generated by filing fees on certain real estate instruments. 1999 Activity My Real Estate Fraud Prosecution team was formed July of 1996, and is housed within the District Attorney's Special Operations, which is also responsible for prosecution of environmental law violations, white collar crime,political corruption, and consumer fraud. Last year,the Team.accepted 17 real estate fraud cases. The total aggregated monetary lass suffered by individuals, associations, institutions, corporations and other relevant public entities exceeded $ 1,000,000 for cases investigated in 1999. The total aggregated monetary loss suffered by victims(individuals and entities) in cases filed last year exceeded$250,000. The aggregated monetary loss suffered by victims in cases investigated in 1999 exceeded $750,000. These cases involved grand theft, embezzlement of real estate trust funds, real estate investment and securities fraud, loan fraud, illegally acting as an unlicensed real estate broker, recording of forged instruments, and false filings regarding real estate tax.assessments. Two of the cases whose investigation began before 1999 resulted in each defendant suffering multiple felony convictions in 1999. Felony cases filed in 1999 are still pending this year. 1 Funds Received and Expended Funds raised by the filing fees from the Real Estate Fraud Trust Fund is applied as revenue to the District Attorney's budget based on documentation maintained by project staff. Daily time and attendance records show time Team staff spend on real estate fraud activities. Funds have been used to offset salary and benefit costs,to the extent documented by the time records, of Team staff directly responsible for the operation of the Real Estate Fraud Prosecution Program. The records are subject to audit by the County Auditor- Controller. In 1999, $ 29,421 was expended and received by the District Attorney's Office for real estate fraud investigation and prosecution. Concluding Comments Real estate fraud cases are very labor intensive for investigative and attorney staff in my Office, even when the case work-up does not lead to a filing of criminal charges. In contrast to the"non-document" crimes more frequently handled by the rest of my Office, real estate fraud cases arrive at my office with little or no preliminary police investigative work. Even when the police refer a case,the officers frequently lack the skills and experience necessary to work up a real estate fraud case so that a prosecutor can determine the appropriateness of criminal charges. Substantial investigation is usually required by the Team inspector, acting under attorney guidance. There is often voluminous documentary material to be reviewed and evaluated by the attorney before making a filing decision. In many of these cases where my Team did not file criminal charges due to insufficient evidence, our Special Operations Unit,which handles a combination of criminal and civil matters,took further action. To advance their investigation and prosecution work, staff have maintained contact with police, real estate brokers,title insurers,the Contra Costa County Recorder's Office, and the Contra Costa County Assessor's Office. In order to improve our investigative and prosecutorial expertise in this specialized area and to address legislative needs at the State level related to real estate fraud, my staff attorney serves the Real Estate Fraud Committee of the California District Attorney's Association. I am proud of the record of this program in my Office. I hope to continue our success in investigating,prosecuting, and deterring real estate fraud in Contra Costa County. Y truly, s T%an yDistricey 2