Real Estate Fraud Alert – Drew Christian Donovan Con Artist Update

Get a Free Home    #fraud #dtla

Scam Alert - Real Estate Fraud

It’s the topic that few real estate professionals will dare discuss.  The scary and truly dangerous predators who seek to steal from innocent home buyers, sellers, renters and landlords.  They often pretend to be real estate agents, property managers, property owners or helpful friends. The truth is that they are enemies of truth and adversaries of fair play. The free home will be costly.

Drew Christian Donovan AKA Christian Andrews 

This week, the L.A. Loft Blog received word that the most prolific con artist in Los Angeles, Drew Christian Donovan AKA Christian Andrews AKA Jimmy Wayne Jackson, was released from Santa Barbara jail, where he immediately found a new victim four hours away in Monterey, CA for his very successful “free real estate” scam.  The LA Loft Blog has uncovered his highly lucrative con where he claims to be very wealthy, has a terminal illness, and his meddling parents are trying to stop him from giving away his millions.  He promises to pay bills, provides convincing payment receipts, offers to buy cars and homes for those who are deserving.  The truth is that Drew Christian Donovan, along with his partner in crime Melissa Ramsey, scams about one person (or family) per week out of thousands of dollars. When he is caught, the slippery charlatan is difficult to jail for long.  Usually, he gets away scot-free. #realestate #scam

Drew Christian Donovan AKA Christian Andrews AKA Jimmy Wayne Jackson
Drew Christian Donovan AKA Christian Andrews AKA Jimmy Wayne Jackson

When called, police are unlikely to help much, as they see most fraud as a civil matter.  In reality, Donovan’s multi-million dollar criminal enterprise is a federal crime that deserves many years in jail.  In the mean time, potential victims should report Drew Christian Donovan AKA Christian Andrews AKA Jimmy Wayne Jackson to local authorities and the FBI. Mention the multi-million dollar enterprise with hundreds of victims that have been reported by the L.A. Loft Blog so that the authorities can provide stronger support. Then contact us so that we can report on the fraudster’s latest activities and location.  Follow that with a civil lawsuit or small claims lawsuit so that the criminal can be arrested and jailed when he fails to cooperate with the court.

Dirt-Cheap Lofts For Rent

The most common real estate fraud in Downtown Los Angeles comes from fake listings for underpriced loft and condo rentals in Craigslist, Apartments.com and other rental listings.  The fraudsters are out of town and ask desperate renters to complete an online application.  The personal information is then sold on the dark web.  The identity theft makes the criminal about $10.00, but costs the victim a tremendous amount in bad credit and countless hours of hassle trying to clean up the credit mess.

Easy Earnest Money Deposit

The biggest fraud in real estate nationwide in terms of big dollar amounts are fake emails to home buyers from criminals impersonating escrow companies.  The home buyer sends down payment or cash purchase funds directly to the overseas bank account of the fake escrow company.  The fraudster gets tens of thousands to hundreds of thousands of dollars of the victim home buyer’s hard-earned money.  The victim is financially devastated, and cannot recover the bank wired funds.  To prevent his scam, home buyers must always double check to ensure that the bank wire will go to the real escrow bank account before wiring money. Before sending a bank wire to escrow, a phone call to the escrow company is a quick way to prevent this financial nightmare.

Fortunately, some things really are free for home buyers, such as help from a licensed Realtor(R).  Got a question about Downtown L.A real estate? Get free info about lofts and condos. Fill out the online form:

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Scam Alert - Real Estate Fraud
Drew Christian Donovan AKA Christian Andrews AKA Jimmy Wayne Jackson

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Downtown Los Angeles Fraudster Drew Christian Donovan AKA Christian Andrews AKA Jimmy Wayne Jackson Released

FRAUD SQUAD – Special Update: DTLA Criminal At Large; Also Loft Litigation

Major Con Artist Set Free by LAPD
Major Con Artist Set Free by LAPD

Lawsuits and Litigation:  First, some Downtown L.A. loft litigation news to report. We are told by a resident of SB Grand that they are suing Barry Shy and the SB Grand HOA Homeowner’s Association for damage done to their loft by faulty construction and expansion of a penthouse above.  They say the the added weight was not properly supported, and is causing cracks and rain water leakage into their loft unit.  So far, the LA Loft Blog has been unable to obtain any confirmation from other residents, and we’ve seen no written documentation on this report.


Phony police ID
It’s hard to find real cops in L.A., so here’s a phony.

PREDATOR$ —  An update on a dangerous criminal on the prowl: Professional con man fraudster Drew Christian Donovan AKA Christian Andrews AKA Jimmy Wayne Jackson has reportedly been released from jail.  While the San Diego police did a perfect job of quickly arresting the culprit and sending him to the correct jurisdiction for prosecution, it looks like the Santa Barbara prosecutor was not too successful at putting him away for long.  The main reason could be that LAPD has been sadly unable or unwilling to contribute.  The last we heard from the LAPD is that they refuse to receive any of our MOUNTAIN of evidence against the fraudster because the “matter is under investigation.”  It’s profoundly ironic and destabilizing when the Los Angeles Police Department is using the weakest of canned responses because they are too busy to investigate all of the evidence of what could be the #1 most prolific con artist in the Greater Los Angeles Area, with hundreds of victims and millions in damages.  Perhaps the cops should admit the facts that they don’t have the budget to investigate major fraud because they blew the funds on misappropriations such as a mind-boggling fleet of electric BMWs — and, besides, LAPD leadership has more important things to do than fight crime, such as driving one of the electric BMWs to the nail salon.   #dtla #realestate #fraud

Enough ranting about the trying to get the LAPD to lift a finger to help stop one bad real estate fraudster. It comes down to the fact that prevention really the most important part of fighting crime.

Fraud Protection Tip:

  1. Make sure that a friend who’s offering to gift a house, condo or loft is actually a real close friend and not just a con artist.
  2. Buyers and sellers need make sure that earnest money deposits are real, and triple check that real earnest money deposits are sent to the real escrow accounts.
  3. Renters: do not give personal information or money to any landlord, agent or manager who is out of town.
    Following these tips will prevent about 90% of real estate fraud that we commonly see in Downtown LA.

Speaking of real estate law —  Litigation and lawsuits remain one of Downtown’s biggest issues for lofts and condos. More that 25% of Downtown LA homes listed for sale have currently or recently had a lawsuit or litigation in the building. Get free information on Downtown loft litigation and lawsuits. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

LAPD won't investigate? Don't worry FBI agent Donovan will protect you. Oh, wait. He's the bad guy. Now what'll we do?
LAPD won’t investigate major real estate fraud? Don’t worry, FBI agent Donovan will protect us. Oh, wait. He’s the bad guy. Now what’ll we do?

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.