LA County woman in $6 million real estate scam gets 3 years, 10 months

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LA County woman in $6 million real estate scam gets 3 years, 10 months
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Her brother was sentenced to nine years.

A Walnut woman who worked with her brother to operate an estimated $6 million real estate fraud in which homes were listed for sale without the owners’ consent and would-be buyers were bilked out of money was sentenced Monday, Oct. 16, to three years and 10 months in federal prison.

Her brother, Adolfo Schoneke, 46, of Torrance also admitted his role in the scheme and was sentenced in October 2022 to nine years behind bars. They admitted finding properties that they would list for sale — even though many were not on the market, and the pair did not have authority to list them. Prosecutors said they would then market the properties as short sales, providing opportunities for purchases at below-market prices.

As part of the scheme, the co-conspirators accepted multiple offers for each of the not-for-sale properties, leading each of the victims to believe that their offers were the only ones accepted.

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