BRIEFLY IN THE NEWS Costa Mesa man...

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Costa Mesa man charged with fraud

Federal authorities in Los Angeles have charged five people,

including a 34-year-old Costa Mesa man, with wire fraud for allegedly

helping people obtain loans insured by the Federal Housing

Administration, officials said Wednesday.

The U.S. attorney’s office has also charged 13 people of obtaining

more than $10 million in fraudulent loans insured by the U.S.

Department of Housing and Urban Development, officials said.

Prosecutors allege that Marcelo Giglio of Costa Mesa and four

others who were real estate and mortgage professionals provided

clients with false employment documents they had purchased from

Maggie Cuevas, a forger who pleaded guilty to fraud on Aug. 9.

If convicted, Giglio faces a maximum sentence of five years in

federal prison. He and other defendants are expected to be arraigned

next month.