Chief Financial Officer Jeff Atwater Halts an $11.5 Million Mortgage Fraud Scam

TALLAHASSEE, FL – January 10, 2011 – (RealEstateRama) — Florida Chief Financial Officer Jeff Atwater today announced the arrest of mortgage fraud scammer Guillermo Fraginals Parra, 37, of Hialeah, on charges of first degree grand theft. Parra, the 18th individual arrested in this scam, was a real estate appraiser at the time the crimes occurred and was being paid on the side to inflate the value of various condominiums in the Brickell Bay Condo Community


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