(Source: By Liz Kellar Liz Keller) – Former Nevada County mortgage broker Scott Stober — currently living in Arizona after being stripped of his real estate license in February — is a central figure in two fraud prosecutions involving hard money loans funded by local investors.Stober was the broker who brought Robert St. Germain’s Granite Hill Court project to investors Richard and Minta Cramer; the Nevada County District Attorney’s Office has just refiled a charge of misappropriating funds against St. Germain.

The Cramers also are pursuing a civil case against St. Germain and his wife, as well as Stober.

Source: By Liz Kellar Liz Keller

Friday, July 15, 2011

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