Share

Orange County, CA Criminal Defense Law Blog

Monday, October 27, 2014

Laguna Beach Businessman Indicted for White Collar Crime
Crime is not isolated to those with a low socioeconomic status or that lack a formal education.  The wealthy and business savvy are often involved in criminal activity.  Anyone has the potential to commit a crime, but when the stakes are high, the temptation can be too much for some to resist, as evidenced by a recent California case. 

Recently, an Orange County, California businessman has been charged with a serious financial crime.  Wealthy 49 year old Brady Bunte of Laguna Beach owns a tequila company and a chip company in Mexico and owned a mortgage company in the United States.  Trust One Mortgage, owned by Bunte, was based in Irvine, California, and in 1998 was reported to employ almost 150 people and was allowed to provide services in 29 states.  The company, although now reportedly out of business, is at the center of Bunte’s criminal charges.  Bunte is accused of making 43 fraudulent requests for funding through his California mortgage company. Many of the requests were approved and Bunte allegedly collected $17.9 million in funding from National City and PNC during the years of 2007 and 2008.  He apparently paid back approximately $5 million to these companies but is still on the hook for $12 million.  

In September, Bunte was indicted on one count of fraudulent request for funding   encompassing the 43 instances.  He was arraigned in a U.S. District Court in Santa Ana, California earlier this month.  For the crimes, Bunte could potentially serve 30 years in prison and have to pay a $1 million dollar fine.

These allegations might come as a shock to some as Bunte and his wife were regarded as high society citizens, appearing in magazines and attending charity events.  It is important to remember that anyone can commit a crime and that this includes the most affluent among us.

If you have been implicated in a white collar crime, you should retain a seasoned criminal defense attorney to handle your case. Contact Orange County, California attorney Mark Raymond McDonald at (888)-686-7874 for a consultation today.

Comment

Subscribe via Email

Blog Categories

Criminal Defense

Domestic Violence

DUI

Felonies

Gun Charges

Homicide

Marijuana Use

Murder

News

Parole

Parole Violations

Probation

Sex Crime

Weapons Charges

White Collar Crime

Archived Posts

2015
2014
December
November
October
September
August
Rapper Arrested in Orange County, California on Gun Charges
Further Changes to California’s Three Strikes Law
July
Change in California Criminal Law Likely to Reduce Deportations
Convicted Embezzler Receives Light Sentence Over Prosecution Objections
June
Lab Error in Methamphetamine Testing
New Mental Health Law Proposed After Tragedy in Isla Vista
May
Crowd Sourcing Law Enforcement - Can It Result in Criminal Charges against Innocent Parties?
Understanding California’s Implied Consent Law
April
March
The Impact of Additional Charges On a California Murder Case
"DUI" May Be a Matter of Opinion
February
Alternative Sentencing Options in the Orange County Area
Warrantless Cell Phone Data Searches: A Violation of the Fourth Amendment?
January
California Lawmaker Seeks Ban on 'Affluenza' Defense
Challenging the Accuracy of Blood Alcohol Content (BAC) Test Results
2013
December
California Supreme Court Deals a Blow to DUI Defense
Guns and Weapons Charges in Orange County
November
October
Domestic Violence in California
An Experienced Criminal Defense Attorney can Help you Through the Toughest Situations
September
California Lawmaker Supports U.S. Attorney General’s Stance on Drug Crime Reform
Irvine Murder Investigation Reopened
August
2012 “Crime in California” Report Just Released. What Does the Information Mean to Offenders?
Child Pornography and Child Molestation Charges and Sentencing
Nationwide Sting Highlights Law Enforcement Officials’ Focus on Sex Crimes
Motions: Paving the Way to Defense Victory
Sex Crime Charges in California: What Can You Expect Following a Conviction?
The New Three Strikes Law
Probation, Parole and Ankle Bracelets: What Does the Future of Electronic Monitoring Look Like?
July


The Law Offices of Mark Raymond McDonald serves clients in Santa Ana, Irvine and throughout Orange County, California.



© 2015 The Law Offices of Mark Raymond McDonald | Disclaimer
1100 Town and Country Road, Suite 1250, Orange, CA 92868
| Phone: 888-686-7874

Vehicular Manslaughter | Criminal Defense | Burglary | Child Molestation | DMV Hearings | Domestic Violence | Drug Crimes | Drug Possession | DUI | DUI Attorney - Santa Ana | Expungements | Federal Crimes | Felonies | Homicide | Identity Theft | Juvenile Crimes | Medical Marijuana | Misdemeanors | Probation & Parole | Rape | Securities Fraud | Sex Crimes | Theft Crime | White Collar Crimes | Writs & Appeals | Testimonials | About Us | News & Blog | OC Criminal Defense | Case Results

Google+

Law Firm Website Design by
Amicus Creative