January 17, 2013
Las Vegas, NV – Nevada Attorney General Catherine Cortez Masto announced a preliminary hearing has been set for Xochitl Cervantes, 35 of Las Vegas, for her involvement in a mortgage lending fraud case involving several victims operating under the name of CSR Services.
“I encourage victims or anyone with more information regarding this case or any mortgage lending fraud to come forward,” said Masto.
The preliminary hearing is set for March 4, at 8:30 a.m. in Department 11 Justice Court.
Xochitl Cervantes is charged with two felony counts of mortgage lending fraud, one
felony counts of embezzlement, eight felony counts of uttering a forged instrument, one felony count of multiple transactions involving fraud and deceit in the course of enterprise and occupation, and one felony count of pattern of mortgage lending fraud.
From approximately March 2009 to May 2010, Cervantes made false representations that she was capable of rescuing homeowners who were looking to refinance their mortgages by negotiating loan modifications. She collected up-front fees, in most cases ranging from $2,100 to $2,500, for the proposed services that were never performed or refunds provided.
Cervantes, who faces a 20 year prison sentence, made an initial appearance in Las Vegas Justice Court 11 on January 7, 2013.
Defendants are presumed innocent until proven guilty.
Anyone with additional information regarding Xochitl Cervantes, or CSR Servicing is
urged to contact the Attorney General’s Office Bureau of Consumer Protection hotline at 702-486-3132 and press “3” to receive instructions on how to submit a complaint.
The case was investigated by the Attorney General’s Mortgage Fraud Unit and is being prosecuted by Deputy Attorney General, Gary J. Mathews.
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