An East County man who allegedly claimed he owned his father's home to get bank loans was arrested Friday on suspicion of financial elder abuse and other crimes, a sheriff's sergeant said.
Richard Raymond Aguirre, 43, was arrested late this morning at his El Cajon home, capping a 2 1/2-year investigation into identity theft and elder abuse, Sgt. Mark Varnau said.
Aguirre allegedly claimed he owned his father's residence in the southeastern San Diego County community of Potrero so he could qualify for a $55,000 equity loan, according to Varnau. He later allegedly refinanced the loan and got another $75,000.
"The crimes were discovered when the (father) ran a credit history on himself and discovered the outstanding debts against his home and filed a crime report with the Sheriff's Department," the sergeant said.
Aguirre was jailed on suspicion of two counts of financial elder abuse, two counts of grand theft and one count of false personation.
In late 2005, Aguirre was arrested for allegedly forging a judge's signature on a probate document to get another loan on his father's property, Varnau said.
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