Friday, October 30, 2009

Former Real Estate Agent Facing Prison Time

A 46-year-old former real estate agent is facing prison time after pleading guilty to improperly selling the home of an elderly Tucson resident and keeping the profit.

Ammar Dean Halloum was working as a licensed real estate agent when he misrepresented himself and obtained the title of a Gilbert home from a Tucson dementia patient, according to the Arizona Attorney General’s Office.

Halloum recently pleaded guilty to one count of theft/financial exploitation of a vulnerable adult and one count of fraudulent schemes and artifices, both felonies, according to the Attorney General’s Office.

Halloum also agreed to pay over $200,000 in restitution to the victim and over $30,000 to the Attorney General’s Office for prosecution costs.

Pima County Superior Court Judge Richard Fields will sentence Halloum Dec. 1.

Full Article and Source:
Real Estate Agent Admits Defrauding Elderly Tuscan Resident

3 comments:

Barbara said...

These slugs always find a way to rip off the vulnerable. It makes me sick.

Anonymous said...

I hope he's facing a LONG prison time!

StandUp said...

And you know what happens to the victim: guardianship.