Like any legitimate real estate and escrow agents in the red-hot Southern California housing market, Adolfo Schoneke and his sister, Bianca Gonzalez, held open houses and accepted bids on multiple homes.

The siblings and others operated real estate companies in Cerritos, La Palma and Long Beach.

But there was a problem: The homes they showed were not for sale.

In reality, the houses were a front for a scheme that resulted in the loss of more than $6 million for hundreds of victims, federal prosecutors said this week.

Now, Schoneke, Gonzalez and co-conspirators face prison time for the scheme.

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https://www.latimes.com/california/story/2022-10-26/prison-sentence-multimillion-dollar-scam-fake-open-houses

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