Man arrested, accused of ID Theft and Loan Fraud

The North County Times reports that Escondido Police (CA) are continuing to investigate the activities of Hossein Lotfinja an Escondido mortgage broker. Lotfinja was arrested recently and charged with loan fraud and identity theft.

Detectives had obtained a search warrant for the One Stop Financial business at 410 W. Felicita Ave., seized computers and documents and impounded a car. Police had received complaints that the suspect allegedly helped a half-dozen people obtain home loans, then used their personal information to buy merchandise such as cars, Lt David Mankin said.

Police executed a second search warrant  at Lotfinja’s home and recovered computers, financial documents and drug paraphernalia, Mankin said.

He was released on bail and is due to be arraigned soon.Anyone who believes they may have been a victim should contact Escondido Detective Robert Curtin at (706) 839-4717.