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    Sole trial in Crisp & Cole case set to start

    BY JOHN COX Californian staff writer
    Saturday, Apr 05 2014 04:00 PM

    The only trial to come out of Bakersfield's $30 million Crisp & Cole Real Estate mortgage fraud case is expected to focus on whether the woman who prosecutors say was the firm's No. 3 person understood what she was doing there was illegal.

    Julie Dianne Farmer denies preparing the fraudulent mortgage applications at the heart of the case, saying she had a limited role in a very busy office. She maintains her biggest fault was putting too much trust in her bosses.

    "Julie Farmer acted in good faith in all her actions while employed at Crisp and Cole," her Fresno defense attorney, Tony Capozzi, said in a written statement.

    "She was not aware of any fraudulent activity or of any conspiracy during her employment. Crisp and Cole was the...

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    Was Jennifer Crisp's 'break of a lifetime' just?

    It doesn't happen a lot, but every so often criminal defendants get probation instead of prison time simply because a harsher penalty would leave their children parentless. Does that mean the parents, or at least the mothers, receive a...

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    Crisp & Cole defendant gets 6 1/2 years

    A defendant in the Crisp & Cole federal mortgage fraud case was sentenced Monday to 6 1/2 years in prison for one count of conspiracy to commit mail, wire and bank fraud. Jayson Peter Costa, a 41-year-old Bakersfield resident, had...

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    Report: Slipping home prices won't last

    Despite recent softening, Bakersfield's single-family home market will likely see price increases in the 12 percent to 15 percent range this year as previously foreclosed homeowners look to buy houses again, a leading local observer...

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    David Crisp agrees to plead guilty

    David Marshall Crisp, the alleged kingpin behind Bakersfield’s massive Crisp & Cole mortgage fraud case, has agreed to admit to one felony count of conspiracy to commit mail, wire and bank fraud. Crisp, the 34-year-old former chief...

  6. David Crisp's wife expected to take plea deal in mortage fraud case

    The wife of one of the primary defendants in the Crisp & Cole mortgage fraud case is expected to plead guilty to one count each of mail fraud and wire fraud on Dec. 16. A news release from the Office of U.S. Attorney Benjamin B. Wagner...

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    LOIS HENRY: As deals trickle in, Tejon gets into the water biz

    The first question I had when I learned of Tejon Ranch's plans to build 12,000 homes at the foot of the Grapevine was, "Where are they getting the water?" Turns out, they found it right here in Kern County. It's a circuitous route, but...

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    Another former sales agent takes plea deal in Crisp & Cole case

    Michael Angelo Munoz, a former real estate agent and defendant in Bakersfield's Crisp & Cole mortgage fraud case, has agreed to plead guilty to two counts of mail fraud, the U.S. Attorneys Office announced Tuesday. While Munoz's plea...

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    Tejon Ranch proposes 12,000-unit residential project at foot of Grapevine

    Tejon Ranch Co. has launched plans to build 12,000 homes, condos and apartment units at the foot of the Grapevine as part of a phased, master-planned community that would house what the company expects will be a large influx of industrial...

  10. Flying high in real estate market

    Carl Cole to plead guilty to fraud

    Carl Cole — one of two men at the center of Bakersfield’s notorious Crisp & Cole mortgage fraud case — has agreed to admit to one count of conspiracy to commit mail, wire and bank fraud, bringing to 10 the number of people with plea deals...

  11. Seventh Crisp & Cole defendant agrees to plead guilty to charges

    A seventh defendant in the Crisp & Cole mortgage fraud case has agreed to plead guilty next week to charges that she provided false information on loan applications for three Bakersfield homes in 2006. Sneha Ramesh Mohammadi, a former...

  12. Real estate market may be cooling

    The housing market recovery that has renewed Bakersfield's status as a hot place to buy property is beginning to show signs of cooling. Data compiled by local appraiser Gary Crabtree indicate that median home prices in the city remained...

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    Tejon Ranch names developer to top post

    Tejon Ranch Co. has hired an experienced real estate developer to take over its top job following President and CEO Bob Stine's retirement at year's end. Gregory S. Bielli, the 53-year-old former western region president of San...

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