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February 21, 2010

Redding Man Swindled Elderly in Real Estate Scam (CA. USA)

Redding Man Swindled Elderly in Real Estate Scam
February 19, 2010
By  Ryan Sabalow
 A 43-year-old Redding man has been charged with grand theft, financial elder abuse and other crimes after he convinced people to trade him items for $7 million worth of property he didn’t own, police said today.
Anthony James Garceau was arrested last week in Bend, Ore. on a warrant charging him with financial elder abuse, theft by false pretenses, grand theft and vehicle theft.
Redding police investigator Eric Little said that Garceau swindled an elderly victim into giving him a car in exchange for property that Garceau didn’t own.
“Garceau also attempted to obtain several other items belonging to the victim in the fraudulent deal,” Little said in a statement.
The victim’s name wasn’t released.
Investigators served a search warrant at Garceau’s Redding home on Feb. 11, but he wasn’t home.
Investigators believe Garceau fled to Oregon after he learned of the search, Little said.
He was arrested Feb. 13 in Bend. He was booked into the Shasta County jail Thursday, where his bail is set at $100,000.
Investigators suspect Garceau has swindled Shasta County victims as far back as 2004, and there also may be additional victims in Oregon and Texas, Little said.
Anyone with information is asked to call Redding police investigators at 225-4214.


SOURCE:       REDDING.COM

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