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FBI agents raided a Hollywood mansion early Thursday, arresting a suspect in pajamas in a raid tied to an alleged $17.4 million mortgage fraud scheme targeting elderly homeowners.
Prosecutors said the scheme resulted in about $6 million in actual losses, with 11 suspects — including an Iranian and Azerbaijani national — accused of stealing victims’ identities, taking out mortgages on their homes and pocketing the cash.
During the raid, part of Operation Hard Money, agents surrounded the home and took the suspect into custody after he walked out with his hands up before being handcuffed, FOX 11 reported. Several luxury vehicles were parked outside, and the property appeared recently remodeled, the outlet reported.
FBI RAIDS HOME AND OFFICES OF MAJOR LOS ANGELES SCHOOL DISTRICT SUPERINTENDENT
FBI agents take a suspect into custody outside a…
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