Police asking for information in mortgage fraud scam

For Immediate Release

May 24, 2012
ORLANDO - The Florida Department of Law Enforcement is asking for the public’s help regarding a mortgage fraud investigation surrounding the illegal activities of Paul Vencatasawmy.  The case shows Vencatasawmy posed as a real estate agent selling properties and collecting down payments on homes that were not for sale.

Multiple victims throughout Central Florida made payments to Vencatasawmy, believing they were purchasing homes and other properties.  Their monetary losses are in excess of $380,000. Police believe there may be additional victims. 
Vencatasawmy was arrested by FDLE on May 18 and charged with scheme to defraud of $50,000.  He was arrested again on May 23 after an Orlando Police Department investigation and charged with scheme to defraud, mortgage fraud and conspiracy to commit grand theft.  
Vencatasawmy also uses the names Raj Sammy and Paul Swamy and has several illegitimate real estate companies known as K-Tab Properties, Almighty Realty, EX Choice Realty and La Rocca Realty. 
If you have additional information about these crimes, please contact FDLE at (407) 245-0801.
Members of the media, for further information contact:
Gretl Plessinger or Keith Kameg
FDLE Office of Public Information
(850) 410-7001