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Alleged Real Estate Scammer Busted Over Fake South Bay Rentals

SAN JOSE (CBS SF) - A Bay Area man has been jailed on charges of felony real estate fraud involving foreclosed properties.

James Troy Wilson has been charged with operating a scheme where he took over foreclosed properties, made false claims of ownership and then took thousands of dollars from unsuspecting renters.

Investigators at the Santa Clara County District Attorney's Office said Wilson is also linked to similar activity in Solano, San Joaquin and Contra Costa Counties.

He was being held on $200,000 bail.

(Copyright 2012 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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