The legal system is set to examine a significant case of alleged real estate fraud on Oahu, with a trial scheduled to begin on January 19th. The case involves Eldon Simer, 41, and Guy Villanueva, 30, who have been indicted on charges related to a scheme to steal residential properties. According to Hawaii News Now, the defendants are accused of forging and recording fake deeds, then attempting to sell those properties to unsuspecting purchasers. Attorney General Anne Lopez stated that these actions defrauded both the rightful property owners and potential buyers, emphasizing the severity of the alleged crimes.
The case underscores the importance of due diligence in Hawaii's real estate market. Potential buyers and investors need to carefully verify property ownership and scrutinize all documentation to avoid becoming victims of fraud. A comprehensive study by KITV reveals how such schemes can exploit the state's Bureau of Conveyances, allowing forged documents to initially appear legitimate. The indictments reflect a broader issue of real estate fraud and its impact on the local community, as discussed in the news release from the Department of the Attorney General.
This case is not an isolated incident. In 2025, a similar scheme involving affordable housing credits resulted in convictions, as reported by the Hawaii Tribune-Herald. This highlights the ongoing need for vigilance and robust oversight within the real estate and financial sectors in Hawaii. Furthermore, a report from Hawaii News Now also mentions a realtor who noticed suspicious activity and halted a title theft scheme, showcasing that awareness and scrutiny is extremely important when dealing with real estate.
