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Man Facing Jail After Entering Guilty Pleas To Theft, Fraud Charges In Ventura County

Ventura County prosecutors say a man who claimed he would help financially troubled homeowners save their homes, but instead took their money and did little or nothing to help has entered guilty pleas to grand theft and foreclosure consultant fraud charges.

Patrick Iturra operated a business called Mercury Business Group. Prosecutors say almost every one of the 46 year old man’s clients lost their homes. He’ll be sentenced in February, but is expected to face a year in jail, and an order to compensate his victims for their losses.

Two co-defendants in the case who also pled guilty to charges received six month jail sentences, and orders to pay restitution.