SEAL BEACH (Source: Press Telagram By Tracy Manzer)  — A Seal Beach real estate agent has been charged with 34 felony counts in connection with a scheme that saw victims buy into a fake investment pool to the tune of nearly $300,000, police announced Tuesday.

The Seal Beach Police Department launched its investigation into John Wesley Martynec, the sole owner of Samax Real Estate in Seal Beach, in December after several victims came forward, Sgt. Steve Bowles said.

The victims were told their money would be pooled and used to purchase homes in Los Angeles County that were in foreclosure.

Source: Press Telagram By Tracy Manzer

Posted: 08/30/2011 09:34:19 PM PDT
Updated: 08/30/2011 10:12:44 PM PDT

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