Simi Real Estate Agent Facing Theft, Forgery, And Money Laundering Charges

Friday May 03, 2024

     The Ventura County District Attorney's Office has charged a real estate agent with more than a dozen felonies including theft, forgery, and money laundering.

     Prosecutors have also alleged 50 special allegations against 56-year-old Lane Yudell of Simi Valley.

     The authorities allege that from February 2016 through August 2019, Yudell "made multiple false statements which caused the victim to relinquish possession and ownership of her Thousand Oaks home."

     Prosecutors then allege that Yudell sold the home, stole the money, "then laundered it through multiple bank accounts."

     It's also alleged that Yudell forged the signature of a second victim on real estate transactions in Ventura and Los Angeles counties.

     Yudell was arrested on April 24th, posted bail, and was released.

     He's due in court on May 8th to be arraigned on the charges.