Man charged in Fontana (CA) fraud allegations

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In the following press release theTo view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily. announced that on Wednesday, September 5, 2007, felony charges of forgery and financial elder abuse were filed on Silvestre Cortez, 44, of Fontana, after an investigation by the District Attorney’s Real Estate Fraud Unit.

In 1997, Cortez borrowed $115,000 from the victim for the purchase of her Rialto property. In 2000, Cortez allegedly forged the victim’s signature on a Subordination Agreement document that placed the loan in a secondary position.

Cortez had taken an additional $110,000 loan on the Rialto property. In late 2006, the elderly victim discovered the forgery when she was informed that her former property was in foreclosure.

Cortez was incarcerated at the San Bernardino County Sheriff’s Adelanto Detention Center for unrelated fraud charges when the new charges were filed. He was booked on the new charges and bail was set at $150,000.


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