$1 million grant to fund mortgage and investment fraud unit

For the first time, the San Francisco District Attorney’s Office will have its first stand-alone mortgage and investment fraud unit.

The unit will be funded with a $1.06 million federal grant, which was announced by District Attorney Kamala Harris Tuesday as part of a regional effort to combat financial scams. The unit aims to protect desperate homeowners from mortgage and investment fraud, she said.

Harris and top prosecutors from San Mateo, Santa Clara and Alameda counties, as well as San Francisco Assessor-Recorder Phil Ting, called for federal oversight Wednesday.

The San Francisco district attorney’s office’s  consumer protection unit has handled more than 450 complaints this year.

tbarak@sfexaminer.com
 

Bay Area NewsGovernment & PoliticsPoliticsUnder the Dome

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Gov. Gavin Newsom gave an update on COVID-19 cases on Thursday Nov. 3, 2020. (Examiner screenshot)
Newsom announces statewide stay-at-home order tied to availability of hospital beds

Order will take effect in Bay Area when intensive care unit capacity falls below 15 percent

Photo by Abalone Runner/ <a href="https://commons.wikimedia.org/w/index.php?curid=74406455" target="_blank">CC BY-SA 4.0</a>
Former Newsom spokesman Nathan Ballard facing domestic violence, child abuse charges

Prominent Bay Area political strategist Nathan Ballard is facing domestic violence and… Continue reading

Construction crews work on new red bus rapid transit lanes on Van Ness Avenue on Thursday, Dec. 3, 2020. (Kevin N. Hume/S.F. Examiner)
SFMTA board scrutinizes Van Ness BRT spending

Proposed contract modification would allocate $2.6 million for pedestrian monitors

Mayor London Breed said “I need to hold myself to a higher standard” in response to criticism of a recent meal at a Napa Valley restaurant. (Kevin N. Hume/S.F. Examiner)
Breed calls criticism for French Laundry trip ‘fair’

Mayor said she regrets that actions ‘distracted’ from public health message as COVID-19 cases rise

City Administrator Naomi Kelly said Wednesday that the allegations against her husband were “based on the word of a liar.” (Kevin N. Hume/S.F. Examiner)
City Administrator Naomi Kelly takes leave after feds charge husband

High-ranking official under scrutiny over 2016 China trip

Most Read