Former California mortgage broker Alex Ashod Dadourian was sentenced to five years and four months in prison for a loan fraud scheme in which Dadourian forged mortgage approval documents totaling more than $8 million to earn commissions for himself. 

Dadourian, a licensed mortgage loan broker with Success Funding in Northridge, took out 17 mortgage loans between 2017 and 2019 and received more than $254,0000 in fees and commissions in return, prosecutors said.

California Attorney General Rob Bonta announced the sentence on Wednesday, as well as an order to pay restitution, adding that the 61-year-old former broker was convicted details ⇒

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