Law Office of Pilchman & Kay, A Professional Law Corporation Blog

Fraud Defendant Has Bail Lowered in Riverside County

Posted by Courtney Pilchmann | Dec 09, 2009 | 0 Comments

A man accused of being the mastermind behind a $144 million securities and mortgage fraud scheme had his bail lowered from $144 million to $5 million. After a bail reduction hearing, Richard Fields, a Riverside Superior Court judge reduced James Duncan's bail however, he did say he wants a hearing if Duncan can post the bail and where the money came from.

Duncan and several other co-defendants are accused of bilking hundreds of investors out of $17 million and causing over 200 homes to go into foreclosure. Investors are from Arizona and California.

About the Author

Courtney Pilchmann

Courtney Pilchman is a certified criminal law specialist who was a Deputy District Attorney for over six years prior to becoming a criminal defense attorney. She was a member of some of the most elite prosecution units including crimes against children, family violence, and sexual assault. She pr...

Comments

There are no comments for this post. Be the first and Add your Comment below.

Leave a Comment

Contact Us Today

Pilchman & Kay, APLC is committed to answering your questions about domestic violence, federal crimes, fraud crimes, sex crimes, violent offenses, and white collar crimes, law issues in California.

We offer a free consultation and we’ll gladly discuss your case with you at your convenience. Contact us today to schedule an appointment.

Menu