Sacto 9-1-1
September 12, 2013
Two arrested, accused of central roles in foreclosure rescue scheme

Two people were arrested today, accused of continuing a multistate scam that has defrauded homeowners in California and elsewhere while the alleged leader of the operation awaited trial.

Arrested were Tamara Teresa Tikal, 43 of Brentwood in Contra Costa County and Ray Jan Kornfeld, 57, of Las Vegas.

A federal grand jury in Sacramento on Wednesday returned a superseding indictment against Alan David Tikal, 45, adding charges for him and charging his wife Tamara Tikal and Kornfeld, who allegedly continued the scam while he was in custody awaiting trial, according to a federal Department of Justice news release. The indictment was unsealed after the arrests today.

According to court documents, beginning in January 2010, Alan Tikal operated a large-scale mortgage rescue scam by offering to eliminate homeowners' mortgages and replace their mortgage with a new debt to his company KATN Trust. He claimed the new loan would be for only 25 percent of the of the original principal.

Victims paid thousands of dollars in upfront fees and then made regular payments to him on their new loans, authorities said. Tikal and his associates instructed the victims not to pay their original mortgage and to ignore all correspondence from the original lenders. As a result, many of the victims lost their homes to foreclosure, authorities said.

Alan Tikal was arrested on Sept. 28, 2012 and indicted on charges of mail fraud.

Following his arrest, federal law enforcement authorities continued to investigate the case. In November 2012, they learned that the scheme was still going on and they searched KATN's Las Vegas office, seizing multiple computers and thousands of documents, officials said. Despite these actions, they learned that the scheme continued, with victim homeowners continuing to make payments to the defendants' company. According to the superseding indictment, Tamara Tikal and Kornfeld played central roles in continuing to operated the scheme.

A significant element of the continuing scheme has been an ongoing bankruptcy matter in the District of Nevada, filed in Alan Tikal's name, according to federal officials. Tikal has listed the property of many of his alleged client victims as his personal property,thus preventing the financial institutions holding interests in those properties from foreclosing on them.

In all, Tikal's alleged scheme has victimized more than a thousand homeowners, who have paid more than $3.4 million, federal authorities said. Of the identified victim homeowners, approximately 95 percent live in California, and at least 185 reside within the Eastern District of California, which includes the eastern part of the state from Bakersfield north to the Oregon border.

Alan Tikal is scheduled to go to trail on Feb. 3, 2014.

On October 14, The Sacramento Bee will temporarily remove commenting from sacbee.com. While we design the upgrade, we encourage you to tell us what you like and don't like about commenting on sacbee.com and other websites. We've heard from hundreds of you already and we're listening. Please continue to add your thoughts and questions here. We also encourage you to write Letters to the Editor on this and other topics.



About Sacto 9-1-1

Sacto 9-1-1 is a blog on crime and emergency services news in the Sacramento region.

Send feedback on Sacto 9-1-1 to Assistant Metro Editor Anthony Sorci at asorci@sacbee.com

Subscribe to Breaking News Alerts

FOLLOW US | Get more from sacbee.com | Follow us on Twitter | Become a fan on Facebook | Watch Bee news, lifestyle videos | View our mobile versions | e-edition: Print edition online | What our bloggers are saying

Sacto 9-1-1 Q&A

Bee reporters answer questions about area crime news, trends and other issues. QUESTION: A couple of years ago, a Sacramento tax attorney named Roni Deutch was the target of an investigation by the California Department of Justice. She was accused of bilking clients out of millions and defying a court (Read More)

More Questions and Answers
See all the crime Q&As
Submit your question

April 2014

Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30      

Monthly Archives


Kim Minugh on Twitter

Follow "Kim_Minugh" on Twitter

Local Agencies on Twitter

Categories