Three wanted, four arrested in real estate scheme

Local News

The Cameron County DA’s Office arrested four people and are searching for three more after busting up a real estate scheme defrauding customers out of more than $400,000 dollars.

The investigation began back on July 2015 which resulted in the uncovering of Allan Ramirez Rodriguez, 27, who would convince his victims to invest in or purchase properties and then hand over false deeds for those properties that he never owned.

Those arrested were identified as Melissa Rangel Ramirez, 27, Yolanda Rodriguez Ramirez, 59, Jesus Edward Ibarra, 29, and Sergio Alberto Alcocer, 35. Authorities have issued arrest warrants for Allan Ramirez Rodriguez, Luis Fernandeo Blanco, 22, and Rene Ramirez, 57.

Those arrested were arraigned with a variety charges ranging from theft of property, engaging in organized criminal activity, impersonating a public servant and deception of documents.

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