This has not been a good year for Charles Head, whom for the second time in 2013 was convicted by a federal jury in the Eastern District of California for operating a major mortgage fraud scheme.

Monday’s guilty verdict was in relation to a foreclosure rescue scam that Head ran from Orange County, Calif., between March 2005 and June 2006. Head, along with Benjamin Budoff and Domonic McCarns, used several business entities including Head Financial Services and Creative Loans, to remove more than $5.7 million in equity from the homes of their victims, according to court evidence.

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