Ayda Young and Cronies Go Down For Pulling a $2.4M Foreclosure Scam
|Ayda Young and her cohorts stole $2.4 million, law enforcement officials claim.|
The trio, and a fourth accomplice, Johnny Bou-Nassar, have been criminally charged with racketeering, grand theft, forgery, and criminal use of personal information.
We chronicled the efforts of 53-year-old Texan Richard Cross to recoup $380,000 he had wired to an account owned By Miami-Dade County Short Sales, a bogus company incorporated by the three ladies. Cross subsequently learned that Young and Garcia both had previous convictions for fraud. Despite hiring a private investigator and confronting Young at her house in 2010, Cross only recovered $30,000 from the women.
He wasn't alone. Another victim, Morella Sosa, sued Young in Miami-Dade Circuit Court alleging the ex-con bilked her out of $331,000 meant to buy two condos. Young has steadfastly denied any wrongdoing, blaming Garcia and Abreu for their racket. The victims eventually filed complaints with the Miami-Dade Police Department and the county's inspector general's office, which opened a criminal probe.
The indictment explains how Young, Garcia, and Abreu were able to cash checks from Miami-Dade County Short Sales at a check cashing store in which Bou-Nassar knew the owner. Bou-Nassar and Garcia are cousins. But the store's owner evnetually grew suspicious of the group and stopped cashing the checks, but not before they cashed out $2.4 million.
Miami-Dade Short Sales
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