SAN DIEGO (AP) — A real estate mogul and his wife have been sentenced in San Diego federal court to three years and five months in prison each for their roles in a multi-million dollar mortgage fraud scheme.
U-T San Diego reports Eric and Charmagne Elegado apologized in court on Thursday.
Eric Elegado asked if he could do the time for his wife so she could stay at home with their 7-year-old son. The judge said no.
The Elegados, both 49, pleaded guilty in October to conspiracy to commit wire fraud.
Prosecutors say the couple directed an operation that falsified loan applications and offered underqualified buyers subprime loans. They also obtained mortgages higher than the sale price of the homes, profiting off the excess and living a lavish lifestyle.
Eric Elegado's face appeared on billboards advertising his San Diego real estate empire.
Information from: U-T San Diego, http://www.utsandiego.com
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Several dogs are in the custody of San Diego County, after a Lomita woman reported that her six dogs were attacked and some killed by a group of pit bulls.
Thousands of people marched through downtown San Diego and San Marcos in the second annual Women's March Saturday. The San Diego event began at 10 a.m. at the downtown Waterfront Park on Pacific Highway, while the North County event began at 11 a.m. at Palomar College.
Thousands of people marched through downtown San Diego and San Marcos in the second annual Women's March Saturday. The San Diego event began at 10 a.m. at the downtown Waterfront Park on Pacific Highway, while the North County event began at 11 a.m. at Palomar College. The two marches were held in conjunction with other marches across the country.
The federal government shut down at the stroke of midnight Friday, which prompted the closure of many federal operations, such as national parks and monuments and that included the shutdown of Cabrillo National Monument.
Chilly temperatures and scattered showers started the weekend. Temperatures at the coast and inland communities hovered around 60 degrees with some areas of San Diego County receiving rain during the morning hours.
A transient accused of fatally stabbing a man after they got into an argument near a 7-Eleven store in Poway pleaded not guilty Friday to a murder charge.
Coastal rail closures could complicate the commute for the thousands of people expected at Women's Marches set for downtown San Diego and San Marcos Saturday, though additional transit options are being made available.
A man arrested in the doctor's lounge at Sharp Grossmont Hospital in La Mesa after claiming to be an anesthesiologist pleaded not guilty Friday to a felony charge of treating the sick without a certificate.
People who bought new homes in Otay Ranch's Village of Escaya can start moving in Friday - later than planned but after the developer took steps to address methane found at the site.
Recent assaults by tactical teams on prototypes of President Donald Trump’s proposed wall with Mexico found their imposing heights should stop border crossers, The Associated Press has learned, a finding that’s likely to please security hawks but raise concerns about costs and environmental damage.