Mortgage adviser sentenced 6 years for defrauding victims across Salem

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A Salem mortgage adviser was sentenced to 6 years in jail and paid about $78,000 in restitution after defrauding 10 victims — inflicting no less than two households to lose their properties. 

Oscar Tejeda-Sandoval, 53, was arrested in April 2016 following a joint investigation by the Salem Police Division and the Oregon Division of Monetary Regulation.

He was charged with 30 counts of aggravated theft, id theft, forgery and first-degree theft for stealing tens of hundreds of {dollars} over two years from 4 monetary establishments and 6 individuals all through the Willamette Valley.

Two households misplaced their properties to foreclosures after being victimized by Tejeda-Sandoval, police stated. 

Earlier protection: Salem mortgage adviser accused of defrauding families and losing their homes pleads guilty

On Jan. 6, he pleaded responsible in Polk County Circuit Court docket to 10 counts of theft, id theft, aggravated theft and aggravated id theft — and stealing practically $80,000. 

He remained out of custody till his sentencing on Aug. 3, a prolonged continuing attended by among the victims, stated Polk County District Lawyer Aaron Felton.

“(Tejeda-Sandoval) took benefit of people that have been uniquely susceptible to his felony enterprise and particularly harmed by him,” Felton stated. 

Salem Police Division and the Oregon Division of Monetary Regulation launched an investigation into Tejeda-Sandoval after a number of victims reported being defrauded by the mortgage adviser.

He was arrested and charged in April 2016 with 18 preliminary counts of aggravated theft, id theft, forgery and first-degree theft, courtroom information present. 

In keeping with investigators, Tejeda-Sandoval modified the mortgages of his victims and acquired their month-to-month mortgage statements. As a substitute of paying the mortgages as promised, the advisor stored the victims’ cash and used it to repay his personal money owed

Extra: Woman charged with embezzling $4.4M from McMinnville nursery

All the recognized victims have been of the Hispanic group and lots of spoke Spanish as their first language, in response to courtroom paperwork.

Tejeda-Sandoval focused individuals in McMinnville, Beaverton, Woodburn, Eugene and Salem. On the time of his arrest, police stated they believed he might have victimized others within the area.

Seven months later, eight further counts of first-degree theft and id theft itemizing 4 new victims have been filed towards Tejeda-Sandoval.

4 extra counts of id theft adopted in April 2018.

This protection is just doable with assist from our readers. Sustain on felony justice information in Marion and Polk counties with reporter Virginia Barreda by becoming a Statesman Journal subscriber and get limitless digital entry to tales that matter.Tejeda-Sandoval pleaded not responsible to all counts and maintained his innocence, going so far as to request a brand new legal professional as a result of the lawyer had pushed him to take a plea deal and “ignored key proof” in his case, in response to a letter Tejeda-Sandoval wrote to the courtroom.

However following a long road of canceled trial dates, Tejeda-Sandoval agreed to plead responsible to 10 of the 30 counts towards him simply as a five-day trial in January was set to start.

He pleaded responsible to seven counts of first-degree theft, one rely of aggravated id theft, one rely of id theft and one rely of aggravated first-degree theft.

“Mr. Tejeda-Sandoval represented people on mortgage modifications and modified 1,000-1,500 mortgages over ten years,” Paul Ferder, Tejeda-Sandoval’s legal professional, wrote in a sentencing memorandum. “Most of his shoppers have been very glad along with his providers.”

The six-year jail sentence and two-year probation got here after prosecutors agreed to cap the incarceration time at six years with the situation that Tejeda-Sandoval paid $78,000 in restitution to victims. A portion of the restitution was taken from Tejeda-Sandoval’s bail, Felton stated.

“That was the underside line for the victims that we have been working with — they wished no less than some or all of their a refund if that was doable,” Felton stated. They’ve “misplaced a lot on this.”

Statesman Journal reporter Whitney Woodworth contributed to this story.

Virginia Barreda is the breaking information and public security reporter for the Statesman Journal. She may be reached at 503-399-6657 or at vbarreda@statesmanjournal.com. Observe her on Twitter at @vbarreda2.

Learn or Share this story: https://www.statesmanjournal.com/story/information/crime/2020/08/12/salem-oregon-mortgage-adviser-defrauding-willamette-valley-residents/3341479001/

— to www.statesmanjournal.com

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