Trial starts for Dixon man accused of fraud

By From page A4 | May 07, 2014

Hubert Rotteveel

Hubert Rotteveel

FAIRFIELD — A jury trial got underway Tuesday in Sacramento for a former Dixon man who faces federal mail fraud charges tied to an alleged mortgage fraud scheme involving more than a dozen properties in Dixon.

Hubert Rotteveel, 51, allegedly worked as the real estate agent in the sales of 13 properties in Dixon that were bought by two people. FBI and IRS agents believe Rotteveel inflated the values of the properties and worked with loan officers to provide false information to lenders about the income and liabilities of the potential buyers to convince the lenders to make loans for the properties.

For most of the sales, the escrow officer paid proceeds to a bank account of Windmill Properties, a company owned by Rotteveel, without disclosing to the lenders that these payments were made. More than $700,000 went to Windmill Properties under this scheme, and the lenders lost more than $3 million when all 13 properties went into foreclosure, according to U.S. Attorney Benjamin B. Wagner.

Rotteveel faces up to 30 years in prison and a $1 million fine. Rotteveel is currently doing time in state prison for armed bank robberies in Vacaville, Woodland and West Sacramento.

Reach Jess Sullivan at 427-6919 or [email protected] Follow him on Twitter at www.twitter.com/jsullivandr.

Jess Sullivan

Jess has covered the criminal justice system in Solano County for several years. He was an embedded reporter in Iraq in 2003.

Discussion | No comments

The Daily Republic does not necessarily condone the comments here, nor does it review every post. Please read our Terms of Service and Privacy Policy before commenting.

  • Recent Articles

  • Enter your email address to subscribe and receive notifications of new posts by email.

  • Special Publications »

    Use of this site constitutes acceptance of our Terms of Service (updated 4/30/2015) and Privacy Policy (updated 4/7/2015).
    Copyright (c) 2015 McNaughton Newspapers, Inc., a family-owned local media company that proudly publishes the Daily Republic, Mountain Democrat, Davis Enterprise, Village Life and other community-driven publications.