North County Times - "Renters latest victims of alleged scam" (2-10-07)

"Several dozen families are being asked to leave the houses they rent, a mass eviction that makes them the latest group of people touched by an alleged real estate scam centered in Murrieta. The houses belong to about 20 plaintiffs who have signed on to a class action lawsuit that accuses three Murrieta men and their companies of running a vast pyramid scheme. According to the suit, the defendants suckered investors into buying overpriced houses with 100 percent financing. They allegedly promised the investors that excess cash from the loans would be plowed into low-risk, high-yield investments that would help to cover the monthly mortgage payments."