Con Man Agrees to Plead Guilty in Three Fraud Schemes, Including Multi-Million-Dollar Ponzi and Separate Mortgage Fraud Scheme

LOS ANGELES, CA – November 29, 2012 – (RealEstateRama) — A Glendale man has agreed to plead guilty to federal fraud charges, admitting that he ran three separate scams, including a Ponzi scheme that defrauded 30 families out of more than $8 million.