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Kingwood Man Wanted By Feds

Kingwood Man Wanted By Feds

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by: KingwoodDotCom Active Indicator LED Icon 18 Site Admin  OP 
~ 6 years ago   Apr 27, '17 1:14pm  
A 53-year-old Kingwood man is wanted by the FBI for skipping out on his sentencing hearing this week.
 
;https://www.justice.gov/usao-sdtx
 
Oscar Cantalicio Ortiz (53, Kingwood) pleaded guilty June 30, 2016, to conspiring to commit bank, mail and wire fraud. He was set for sentencing in that case Monday, April 24, 2017, but failed to appear at the hearing. Late Wednesday, a federal grand jury returned a new indictment against him for failure to appear.  He is considered a fugitive and a warrant remains outstanding for his arrest. Anyone with information about his whereabouts is asked to contact the FBI at 713-693-5000. His codefendant – Houston realtor Seung Min Santillan, aka Suzy, 57, pleaded guilty to the conspiracy and making false statements on a loan application in September 2016. She was sentenced earlier this month to 168 months in federal prison and ordered to pay $5,299,500 in restitution. Ortiz and Santillan operated a mortgage fraud scheme in which they recruited straw borrowers to purchase residential properties in the Houston area. Loans were obtained from lending institutions to purchase these properties in the names and using the credit of the straw borrowers. The lenders were provided materially false information to induce them to fund these residential loans. The loans were funded and ultimately fell into default when Ortiz and Santillan failed to make all the mortgage payments as promised.    Ortiz and Santillan utilized several business entities during the execution of the scheme to defraud including Uptown Builders LLC, Americorp Builders LLC, Luxury Quality Homes LLC and Santi Investments. In recruiting straw borrowers during the scheme, the borrowers were told the residential property would be in their name for a short period while Ortiz made modifications to the property prior to reselling the house.  Ortiz and Santillan promised the straw borrowers that they would handle all the costs associated with purchasing and holding these properties.           Once the loans to purchase the residence funded, one or more of the business entities Ortiz utilized would receive a large portion of the loan proceeds. This occurred even when the same property was purchased for the second time in the name of a new straw borrower. The defendants were able to take a large portion of the loan proceeds since the value of the residence was inflated with fraudulent appraisal reports. The FBI conducted the investigation. Assistant U.S. Attorney Melissa Annis is prosecuting the case. 4951
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ET Active Indicator LED Icon 17
~ 6 years ago   Apr 27, '17 1:18pm  
Another reason to build that damn wall. Too easy to skip home. 4951
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JackDaneCPA Active Indicator LED Icon 3
~ 6 years ago   Apr 27, '17 1:44pm  
Another reason to build that damn wall. Too easy to skip home.

@ET: Wouldn't the impenetrable wall make it more difficult to skip home?
 
 
4951
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CantStandTex Active Indicator LED Icon 7
~ 6 years ago   Apr 27, '17 1:47pm  
Wouldn't the impenetrable wall make it more difficult to skip home?
 
@JackDaneCPA:
 
Facilitating apprehension. 4951
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beastmode Active Indicator LED Icon 12
~ 6 years ago   Apr 27, '17 1:55pm  
That's a lot of money. He's looking at 25 plus years for that scam. I was watching a Greed rerun the other night. Same exact situation. That guy got 26 years. He also ran from the law for a long time. Really hard catching him. Imagine it will be just as difficult. Probably has a bunch of fake aliases or maybe even left the country.  4951
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JackDaneCPA Active Indicator LED Icon 3
~ 6 years ago   Apr 27, '17 1:59pm  

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>> Wouldn't the impenetrable wall make it more difficult to skip home?
 
@JackDaneCPA:
 
Facilitating apprehension.

@CantStandTex: Ah, duh, I misread ET's comment... Oops.
 
 
4951
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friday1 Active Indicator LED Icon 9
~ 6 years ago   Apr 27, '17 5:55pm  
He skipped back to his homeland.. Easy in easy out. 4951
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morgwilk Active Indicator LED Icon  New Member
~ 6 years ago   Apr 28, '17 3:16pm  
Another reason to build that damn wall. Too easy to skip home.
 
@ET:
 
Shut up you racist ******. 4951
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shodan66 Active Indicator LED Icon 15
~ 6 years ago   Apr 28, '17 3:22pm  

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>> Another reason to build that damn wall. Too easy to skip home.
 
@ET:
 
Shut up you racist ******.

@morgwilk:
 
 
Explain to me how @ET's statement makes him racist?  I can understand how it could be interpreted as xenophobic, but a person's country of origin has nothing to do with their race.I mean, if you're going to insult someone and call them names you at least should use the proper term instead of making yourself look foolish.  ...just sayin... 4951
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ET Active Indicator LED Icon 17
~ 6 years ago   Apr 28, '17 3:38pm  

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>> Another reason to build that damn wall. Too easy to skip home.
 
@ET:
 
Shut up you racist ******.

@morgwilk:

Another classy level headed poster joins the fray. Nice to hear from you. Stick around I'm sure you will have more to enlighten me with going forward.
 

 
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morgwilk Active Indicator LED Icon  New Member
~ 6 years ago   Apr 28, '17 3:48pm  
You're saying that anyone who is Spanish would flee to Mexico if they were evading the authorities?. That sir is racist. And are you like 12?😂😂😂😂
 
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shodan66 Active Indicator LED Icon 15
~ 6 years ago   Apr 28, '17 3:56pm  
Spanish would flee to Mexico if they were evading the authorities?. That sir is racist.

@morgwilk:
 
 
Strike two - Spanish isn't a race, either.  It's either a language or a nationality...you know...if the person is from the country of Spain. 4951
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morgwilk Active Indicator LED Icon  New Member
~ 6 years ago   Apr 28, '17 4:04pm  
This guy isn't even from Mexico 😂😂😂 he assumed by profiling. How isn't that racist? 4951
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shodan66 Active Indicator LED Icon 15
~ 6 years ago   Apr 28, '17 4:28pm  
This guy isn't even from Mexico 😂😂😂 he assumed by profiling. How isn't that racist?

@morgwilk:
 
 
Because being "Mexican" doesn't define your race, it defines your nationality.  The word you're looking for is "Hispanic" or "of Hispanic origin".  The National Institute of Health categorizes race as follows:Definitions for Racial and Ethnic CategoriesThe Revisions to OMB Directive 15 defines each racial and ethnic category as follows:American Indian or Alaska Native. A person having origins in any of the original peoples of North and South America (including Central America), and who maintains tribal affiliation or community attachment.Asian. A person having origins in any of the original peoples of the Far East, Southeast Asia, or the Indian subcontinent including, for example, Cambodia, China, India, Japan, Korea, Malaysia, Pakistan, the Philippine Islands, Thailand, and Vietnam.Black or African American. A person having origins in any of the black racial groups of Africa. Terms such as "Haitian" or "Negro" can be used in addition to "Black or African American."Hispanic or Latino. A person of Cuban, Mexican, Puerto Rican, Cuban, South or Central American, or other Spanish culture or origin, regardless of race. The term, "Spanish origin," can be used in addition to "Hispanic or Latino."Native Hawaiian or Other Pacific Islander. A person having origins in any of the original peoples of Hawaii, Guam, Samoa, or other Pacific Islands.White. A person having origins in any of the original peoples of Europe, the Middle East, or North Africa.It's like you're saying that someone is racist because they don't like the Germans.  Lot of other white Europeans keep a nervous eye toward Germany, not because they are white but because they have a history.  Again, calling someone racist because you believe they don't like someone from another country is incorrect and shows lack of knowledge.  I truly feel sorry for those that cannot comprehend the difference as this isn't a complex idea.  4951
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beastmode Active Indicator LED Icon 12
~ 6 years ago   Apr 28, '17 4:54pm  

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>>
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>> Another reason to build that damn wall. Too easy to skip home.
 
@ET:
 
Shut up you racist ******.
 
@morgwilk:
 
 
Explain to me how @ET's statement makes him racist?  I can understand how it could be interpreted as xenophobic, but a person's country of origin has nothing to do with their race.I mean, if you're going to insult someone and call them names you at least should use the proper term instead of making yourself look foolish.  ...just sayin...

@shodan66:
 
 
It's also not a crime to be a racist. You can be one if you want or there would not be a KKK. Perfectly legal. I never will understand people that call other people racist. So what! Not my cup of tea but go for it.  4951
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morgwilk Active Indicator LED Icon  New Member
~ 6 years ago   Apr 28, '17 5:07pm  
K 4951
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