By Bee Staff
Sacramento area law enforcement officers arrested two men on suspicion of real-estate fraud and identity theft as part of a two-year Sacramento Police Department investigation, according to a news release.
Roseville police arrested Edwin Hetherton (photo bottom left), 32, on June 9 and Peter Scalise (photo bottom right), 40, turned himself in the El Dorado County Sherriff's Department later that day after warrants were issued for their arrest, according to the Sacramento police release.
The men were jailed on suspicion of six counts each of real estate fraud and six counts each of identity theft, according to the release.
Hetherton and Scalise worked together under Hetherton's company, Azzure Financial, and neither man was licensed with the Department of Real Estate, the release states.
The two men were using another broker's license information without permission, under which they collected loan commissions, the police allege. At least six fraudulent mortgage loans in Sacramento were facilitated by the two suspects, totaling more than $2 million, the release states.
Some of these loans ultimately defaulted, according to the release.
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