General Crime

* Reyes Alcaraz Of San Jose Was Arrested In Connection To Real Estate Investment Scheme And Fraud

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A San Jose man was arrested last week in connection with an alleged real estate investment scheme in which investors lost more than $500,000, the Santa Clara County District Attorney’s Office announced today.Reyes Alcaraz was arrested and booked Thursday on a felony complaint for grant theft and securities violations, following an investigation by San Jose police, the district attorney’s office and the California Franchise Tax Board.According to the district attorney’s office, Alcaraz told investors he would rescue property that was about to be foreclosed and promised investors high rates of return for short-term investments.Alcaraz, who sometimes conducted business under the name Safe Recovery, did not fulfill his promises to many of the investors and wrote insufficient checks to some, the district attorney’s said. Anyone with information regarding the case is asked to call San Jose police investigator Mark Huiskens at (408) 277-4521 or district attorney’s investigator John Valenzuela at (408) 792-2524.

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25 Comments

  • Who do you think you are to judge or even seem to know what’s coming their way???? The only person who can judge is GOD!!! If you have nothing better to do, go stick your big head up your lovely wifes ass!!

  • Well, it seems like this couple is getting what’s coming to them. Cheating people out of money seems to be their M/O, and I do say both of them because I know several vendors for this couples wedding (including my wife) that they still owe money too, and never paid. Maybe his wife doesn’t know about this particular scheme, but she certainly knows about all the vendors they ripped off! Karma baby!

  • Yo conoci a Reyes y no me cabe la menor duda que tanto el como toda la familia alvarez Realty son una bola de “Ratas” que poco a poco ban ir cayendo.

  • to carla you stupid______ , she is my niese and the loan was in her name and her dads name. thats whow i know

  • TO SERGIO: How do you know she was involved or was even there to forge her father’s name on a HELOC loan? Stupid bass duck! It is best you hide behind your emails you stupid piece of thit! Did it ever cross your feeble mind that she is a v-i-c-t-i-m too! He is paying for all that he did to his victims and justice will be made but as for his wife — leave her out of it! U piece of mierda!!!!

  • Bola de CHISMOSOS, CHUPA PITOS! Ya ponganse a TRABAJAR! Y dejen de meterse en lo que no les importa.

  • It’s obvious he is at fault or else he would not be in jail some lend him money because he supposely was a friend and trusthworthy. He would promise things over and over and they were only lies he would pay with bounced checks and blame the bank of making a mistake and not just to one person it was to many! He knew what he was going and he didnt not care! He was the greedy and selfish one and Noé he id rotting behind bard! I feel sorry for his wufe and Child and his entire family for putting them in shame may God help them get through this but Reyes Alcaraz he is getting what he deserves and hipefully mire por sin verguenza

  • No pues yo le hice un gran prestamo a este camarada
    y pues ya estaba decidido ha darle una buena putisa! por lo que veo cada
    uno de los que estan a favor de el- son parte de la puta telenovela
    pinche bola de hipocritas;mierdas. Se van a la verga cada uno de ustedes.
    Y le doy gracias ha dios que se le escapo al “sujeto asqueroso” por que ese
    vale estaba listo;para bailarlo.

  • she had to be in on it, also she was present whe reyes forged her fathers signiature to get a home equity loan.

  • Got greed? When they promise you a rate of returns that sound too good to be, it probably is… Did anyone put a gun to your head to lend him the money. Come on guys!!! I know your hurt, but you were been greedy. Do your home work next time.
    Next time try a FDIC insured loan… greedy, gready people.

    La avaricia de la gente. Cuando te prometen un interes que es casi increible de creer, pues lo es. Nadie les puso una pistola en la cabeza para que le prestaran el dinero. Yo se que les duele porque es dinero que a lo mejor mucha gente trabajo duro para ganarlo, pero para la proxima hagas su tarea y no sean tan avaros. Vayan a lo seguro y pueden depositar su dinero al banco y tenerlo respaldado con un FDIC. No culpen a otra gente o acaso su esposa recogio el dinero de la mano de ustedes. Aqui nadie es inocente, ni el prestamista, ni el prestador….

  • Wow “el limon” que guevos los tuyos! Si bien que sabes de sopitas y tu cuando saliste VIOLADOR! ASESINO! Lastima que no te comprobaron lo de la muerte de el hermano de la nina que SECUESTRASTES y VILOASTE (por la Overfelt).Tu si que deberias de ablar de la jente!! Que pensara la familia de la nina que desgrasiaste ablando de otros cuando tu eres lo PEOR! MAL NACIDO! Te hubieran ABORTADO! Pero ya te llegara tu dia!!!! Vas a pagar con lo que mas te duele PERRO!

  • “REYES” TE LA PASABAS COMO CATRIN Y CON CARROS DEL ANO DE LAS COSTILLAS DE LA GENTE.PERO AHORA ESTAN COMO UNA ZANAHORIA CON HUARACHES DE HULE PERRO MUERTO DE HAMBRE.Y SUERTE PARA TU ESPOSA CON LA VENTA DE SU CASA Y POBRE DE LA AGUACATERA.Y PARA LA INFORMACION DE TODOS ,SU ESPOSA :SI SABIA DE TODO LO QUE ESTABA HACIENDO.BIEN QUE RESIBIA TODO EL DINERO A MANOS LLENAS!!!!!!! HABER SI TE EMPACHAN CON TODAS LAS PINCHES SOPAS QUE TE TRAGES!!!!! PUDRETE!! PINCHE!!! MUERTO DE HAMBRE !!!!

  • Jason – Go to hell you stupid daggot , you dont even know %h!t about this d!ck. What evedince do you have about his wife that she was part of it ? ! Dont say stuff about his wife she didnt even know what wass going on dumb fu#$&tard go eat some duck

  • JASON SHUT THE ____ UP YOU DONT EVEN KNOW THE STORY DUMB S___.ISABEL YOU STUPID B___ DONT BRING OTHER PEOPLE INTO THIS BECAUSE IT ISNT TRUE.JASON AKA DUMB ____ HIS WIFE HAD NO IDEA WHAT EVIDENCE DO YOU HAVE TO BLAME HER,NOTHING YOU GO ____ YOUR SELF.ARNALDO VETE A LA ____ ESTUPIDO ____.

  • En primer lugar Arnaldo no seas tan indio, sabes escribir espanol? nadie te conoce ni en tu casa, porque solo atraes atencion por internet? no te quieren? de que rancho saliste? estupido chinga tu madre, y ya me dijeron que te gusta por atras… porque eres tan ignorante? si no sabes escribir tu propio lenguaje que wey eres, quien eres para juzgar? dios? no creo porque estas rependejo tu y toda la bola de weyes que escriben pendejada y media, no tienes vida social por eso te pones a escribir mamadas, ademas de que te quejas si tu estas de perro no tienes ni donde dormir y ya me dijeron que ni para mamar sirves ojala que te pudras hijo de perra vas y chingas a tu perra,puta,cocha,estupida,tarada,mendinga,pendeja,zorra madre

  • Arnaldo que estupido eres….
    Entiendes ingles? You jerk!
    Que no tienes hijos? o Madre? tu quien eres para juzgar? Un angel? hahaha mejor callate JOTO amargado….FEO
    Hey…JASON why are you blaming his wife? do you know her? go get laid… Oh you can’t you Ignorant $^*##@.

  • Este mensaje es para Arnaldo. Que poca, hablar de la gente se nota que no tienes madre. Tambien me dijieron que eres joto, y si la jente habla es porque es cierto!

    No te mordiste la lengua, Muerto de hambre!

  • I agree with Maria. As for his wife, I don’t agree that she is to blame. She is as much a victim as anyone else and was fooled by this man too. Blame him and also yourselves for not doing your homework and finding out if this man was in good standing with the BBB.

  • I think it is stupid that people begin pointing the finger at other people for another’s actions, and only because they’re related. He is old enough to know what he’s doing. So, if your nephew murders someone does that make you a murderer too? Ignorance.

  • I ay te va martin alvarez.yo se que sabes espanol.es mejor q te q no digas nada por q cuando la jenta hable es por q es la verdad, si tienes verguesa callate. me imagino q tu igual q tu sobrinito son una bola de ratas muertos de habre q roban a su propia jente, q con el sudor de sutrabajo ganan su dinero,y ustedes nomas bienen y le roban su dinero.ami nada me costaba hacer una pendejada, pero dios hace justicia,y espero q ese perro muerto de hambre no salga del bote, para q sufra. bola de PERROS

  • Isabel and Roland; It is very easy to get on the internet this days and write comments like the ones you have here with no foundation whatsoever. I don’t know what Reyes did or did not do. I am sure that will come to light as the investigation goes on. However, I challenge both of you to prove your allegations about my brother Ponciano and me or come forth and tell me when we scammed people or whom. If you do that I will pay you 10 to 1 on the amount of those scams and if you are wrong you give the same amount that and I will donate that to your favorite charity. I am sure that charity is going to love you very much!!

  • He screw over everbody he came in contact with and screw his @#$% wife too. She needs to do time as well, she was part of it.

  • This &*^% needs to be punished!!! cant believed he scamed his own people.His uncle was also scaming people in the bay area(Martin Alvarez)for the same violations.For all people in the bay area,before doing any time of negotiations or real estate business,”CHECK THEIR BACKGROUND”.

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