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Rocklin Man Pleads Guilty to Large-Scale Mortgage Fraud Scheme (United States Attorney's Office for the Eastern District of California)

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(Source: United States Attorney's Office for the Eastern District of California) SACRAMENTO, Calif. -Aleksandr Kovalev, 53, of Rocklin, pleaded guilty today to wire fraud involving financial institutions in connection with a mortgage fraud scheme involving the purchase of at least 31 properties, Acting U.S. Attorney Phillip A. Talbert announced. According to court documents, Kovalev was in the business of developing, building and selling property in Sacramento,...

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