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LASD - HQ Newsroom (SHB), Los Angeles County Sheriff
Friday June 29th, 2012 :: 08:29 a.m. PDT
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102 Felony Counts Alleging $1.8M Grand Theft & ID Theft by Real Estate Broker & Agent in Two Counties. LASD

Suspect John Wesley Martynec, 38, of Long Beach, is a licensed real estate broker. Suspect Elek Andrade, 27, of Downey, is a licensed real estate salesperson.

In a case investigated by the Commercial Crimes Bureau of the Los Angeles County Sheriff’s Department, on June 27, 2012, the Los Angeles County District Attorney’s Office charged Martynec and Andrade with 102 felony counts of Grand Theft and Identity Theft each.

The charges were in connection with a complex and sophisticated fraud scheme resulting in the theft of nearly $1.8 million from their employer. The Los Angeles County Superior Court case number is BA399168.

JTR Real Estate in Norwalk was in the business of purchasing residential real estate properties, fixing them up, and reselling them for profit. This is a practice commonly known as “flipping.”

Results Mortgage, also located in Norwalk, was formed to provide financing for the properties owned by JTR Real Estate.

Between November, 2003, and July, 2008, Martynec and Andrade were employed by JTR Real Estate and Results Mortgage. While employed there, it is alleged that Martynec and Andrade committed theft in the following ways:

* JTR Real Estate purchased residential properties which were often occupied by renters. In order to avoid a lengthy eviction process, the company would offer cash pay outs to renters as incentive to move out voluntarily.

It is alleged that Martynec and Andrade submitted false “move out” invoices to the company, claiming that cash pay outs were offered to renters, when in fact they were not. The identities of actual persons were stolen and placed on the fraudulent “move out” invoices. The suspects then diverted the money to themselves.

* It is alleged that Martynec and Andrade submitted false invoices to their employer for contractor costs associated with the rehabilitation of properties, when in fact the work was never done, and then diverted the funds to themselves.

* It is alleged that Martynec embezzled funds by creating false entries in financial ledgers and diverting funds to a company he controlled named JWM Enterprises.

Defrauded properties were from throughout Los Angeles County and Orange County, including Anaheim, Compton, Covina, Downey, El Monte, Inglewood, Long Beach, Los Angeles, Montebello, Placentia, Pomona, Rosemead, South Gate, Temple City, West Covina and Whittier.

Investigators determined the defrauded monies were used by Suspect Martynec to remodel his Long Beach home with a second floor addition, a pool, and outdoor BBQ area, as well as lavish vacations including $3,000.00 per night hotel suites in Maui. Large sums were also used to commit millions of dollars of mortgage fraud.


On June 27, 2012, Los Angeles County Sheriff’s Deputies arrested Martynec at his home in Long Beach, and arrested Andrade at his home in Downey. Both are being held on $1,789,949 bail.

The investigation was conducted by the Los Angeles County Sheriff’s Department, Commercial Crimes Bureau.

If you have any information about this incident, please contact Detective Rodney Barton at Commercial Crimes Bureau, Los Angeles County Sheriff’s Department at (562) 619-6351. Or, if you wish to remain anonymous, call “Crime Stoppers” by dialing 800-222-TIPS (8477), texting the letters TIPLA plus your tip to CRIMES (274637), or using the website http://lacrimestoppers.org


Written by:
Detective Christopher Derry
Detective Rodney Barton
Commercial Crimes Bureau
Los Angeles County Sheriff's Department
Desk (562)906-5418







Forwarded by:

Captain Mike Parker
Sheriff’s Headquarters Bureau – Newsroom
Los Angeles County Sheriff’s Department
(323) 267-4800
http://www.lasd.org
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Leroy D. Baca, Sheriff
Los Angeles County Sheriff's Department

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