Comments on: SCAMS/FRAUD in today’s real estate and mortgage industry

By: Apparent Fraud Spills from Century21 SuCasa to Another Agent in San Jose : San Jose-Santa Clara County Real Estate UNCENSORED

Wed, 22 Oct 2008 17:42:48 +0000

[...] course Norma Valdovinos, just like Felipe Neri did with his involvement in the lawsuit with Century 21 Su Casa, began putting the blame on everybody else but her self. In legal filings, Ms. Tran and Ms. [...]

By: Yoka

Yoka — Sun, 31 Aug 2008 22:38:17 +0000

Nye, Here could be another possible fraudby these dishonest realtors: Triple Net Commercial Network Inc., as registered with the DRE does not exist when searched with the California Business Portal, see below.

Corporations (domestic stock, domestic nonprofit and qualified foreign corporations) Enter the complete or partial name of the corporate record you wish to search and select “Search”:
Triple Net Commercial Network Inc
No results matched the search term : “Triple Net Commercial Network Inc”

By: Ney

Ney — Mon, 30 Jun 2008 19:09:57 +0000

Joe,
I dont know if Neri could be brought back from Mexico. I imagine that if the FBI is involved they may be able to do such thing. May be Felipe Neri will be more willing to come back to the US now that Gloria Alvarez was arrested after hidding in Mexico.

As far as the leader, in this case that would be Bic Pho. And as you have read, the accusations state that he was the main culprit.

The stories I have heard from (ex) Su Casa agents not involved in the accusations, Bic Pho and the Su Casa company would give their agents monetary incentives if they closed a deal using one of his many other companies like: Mariposa Mortgage, Online Termite and others.

According to one newspaper article, other C21 franchisees complained to the main corporate C21 offices about "Su Casa" but who knows what really happened and why it took so long for Century 21 (franchisor) to pull the plug on "Su Casa."

One thing that I know from personal experience with past clients from (ex) Su Casa agents is that some moved together to other companies directly or indirectly linked to Bic Pho & Su Casa, others left and went to work for other companies but until the victims report them to the DRE and other agencies, they will continue to work.

The DRE is investigating Su Casa, Mariposa Mortgage, and several other agents. These agents already have a notation on their license that shows that they are under investigation by the DRE. You can see it by visiting the DRE public license search page and inputting their names. Here you will see a comment code "H-10082 SF". If you call the DRE and ask about this code they can tell you who are in that list of people being investigated by the DRE.

By: Joe

Joe — Sat, 28 Jun 2008 14:29:17 +0000

The question i have is… Since Neri took off to Mexico and living large. Can he be brought to justice from Mexico? Can Neri be serve?
“Fear not a pack of lions led by a dear but fear a pack or dears led by a lion” It’s the leaders responsibility to supervise and discipline. If the leader couldn’t do his job, why insist on hiring and adding people he wasnt’ going to be able to supervise.
I believe that all this problems comes from the top. I mean from the very top, Century 21 franchise pressuring for production, Mike Ferry sales training, Broker/owners recruiting, training and pushing agents for mass production, ignoring the fact that they’re dealing with people not just numbers. This industry needs better standards, how do you watch out from agents that have the “su casa” desease? DRE doesn’t have public employment track record for each agent.
There goes my 2 cents.

By: Former Century 21 Su Casa Agent arrested in San Jose California - Real Estate

Former Century 21 Su Casa Agent arrested in San Jose California - Real Estate — Tue, 24 Jun 2008 22:10:08 +0000

[...] under investigation for complaints and accusations of fraud is the Century 21 Su Casa brokerage, its many affiliated companies and agents as reported in 2007. But the first top agent, from the now closed Su Casa brokerage, to [...]

By: Ney

Ney — Wed, 16 Apr 2008 23:27:54 +0000

John,
I have not heard of Paris Investments nor do I know if they are in any way related to Bic Pho and his ring of scam artists. I know Bic Pho still owns or co-owns some other real estate brokerages besides C21 Su Casa in San Jose that are still operating.

By: john

john — Mon, 14 Apr 2008 20:34:11 +0000

does anyone know if Bic Pho was related in any way to Paris Investments, LLC?

By: mike montuvio

mike montuvio — Wed, 16 Jan 2008 23:48:42 +0000

I doubt the last message is legit but what I know felipe neri’s license along with others from c21 su casa dont have their license anymore. The other agents are gloria alvarez and gilberto neri.

By: Christian Neri

Christian Neri — Wed, 09 Jan 2008 00:40:24 +0000

My brother left to Toluca Mexico from all the Millions he made. He is living like king driving his FERRARI And BENTLEY that he has not paid for. He also bought a beach front house in Cancoon Mexico. He is happy living FAT with his wife Gloria Alvarez next to him. He opened up a CENTURY 21 Office in MEXICO. I am proud to be his brother because he made out like a BANDIT.

Christian NERI

By: San Jose CA broker linked to FRAUD claims over $2 million : My Home is my Investment

Wed, 08 Aug 2007 01:39:57 +0000

[...] is an update to my previous posting in which I gave a brief explanation about the talk amongst many families mainly in the east side of [...]