California siblings, 43 and 38, are accused of duping hundreds of $ 6 million victims in real estate scams that listed homes not for sale
- Adolfo Schoneke, 43, and 38-year-old Bianca Gonzalez – aka Blanca Schoneke – each pleaded not guilty to nine charges
- One charge charged the sibling with one count of conspiracy, seven counts of wire fraud and one count of aggravated identity theft
- If convicted, the duo could face a legal maximum sentence of 162 years in federal prison
- Investigators found that “several hundred victims” who were defrauded by the siblings lost $ 6 million collectively
- The siblings ‘operated real estate and escrow businesses based in Cerritos, La Palma and Long Beach under different names’
- Names included West Coast and MC
Two California siblings were arrested Tuesday for allegedly orchestrating a $ 6 million real estate fraud scam.
Adolfo Schoneke, 43, and 38-year-old Bianca Gonzalez – aka Blanca Schoneke – each pleaded not guilty to nine charges. One indictment charged the sibling with conspiracy charges, seven times for telegram fraud and once for identity theft.
If convicted, the duo could face a legal maximum sentence of 162 years in federal prison.
The siblings, along with co-conspirators, “ operated real estate and escrow businesses based in Cerritos, La Palma and Long Beach under a variety of names, ” including West Coast and MCR.
Adolfo Schoneke, 43, and 38-year-old Bianca Gonzalez – along with co-conspirators – ‘operated real estate and escrow companies based in Cerritos, La Palma and Long Beach under a variety of names’, including West Coast and MCR
According to the indictment, Schoneke and Gonzalez were said to find properties and claim they were for sale, but in reality they didn’t even have the authority to put them up for sale.
The siblings would market the properties as short selling “offering opportunities for purchases at below-market prices,” the release states.
Schoneke and Gonzalez used other people’s licenses to post the listings on Multiple Listing Service (MLS) and other real estate websites.
The indictment alleges that some homes were “ marketed through open houses that could house co-conspirators after tricking homeowners into letting their homes use. ”
Co-conspirators took multiple offers for each property, leading victims to believe their offers were the only ones accepted. Some victims were detained for years when co-conspirators told them the closures were being delayed because lenders had to approve short sales, the release said.
A trial date is set for June 1, and both Schoneke and Gonzalez will remain in custody until at least their detention hearings, the release said. Schoneke’s hearing is scheduled for Friday, while his sister’s is scheduled for April 13.