Release
Date: September 10, 2009
Contact:
Miles
Weiss, Senior Deputy District Attorney
(805)
662-1735 or (805) 798-0820
District
Attorney Gregory D. Totten announced today that the Real Estate
Fraud Prosecution Unit has filed a felony complaint against
John William Vanderwall III (DOB 12/13/63) of Simi Valley
. The complaint charges Vanderwall with one count of grand
theft (Penal Code section 487(a)). It is also alleged that
in the commission of the crime, more than $50,000 was taken
in violation of section 12022.6(a) of the Penal Code.
Vanderwall
was arrested in Simi Valley on September 10, 2009, in an operation
conducted by the Ventura County District Attorney's Bureau
of Investigation. Vanderwall currently is a licensed real
estate agent employed by Plum Financial Group, Inc. of Simi
Valley . The charge of grand theft is based upon Vanderwall
obtaining $65,000 under false pretenses from the alleged victim
in early 2007.
Bail
was set at $10,000 by Ventura County Superior Court Judge
David Worley. If convicted, Vanderwall faces a maximum of
four years in prison.
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