SANTA ANA, Calif.—Four Southern California men were arrested on May 26 for allegedly defrauding dozens of timeshare owners—many of whom were elderly—out of more than $5 million by lying and using “boiler room tactics.”
The four men arrested are Michael McDonagh, 41, of Long Beach, Antonio Duarte, 42, of Corona, Christopher James Vannoy, 32, of Norwalk, and Ruben Ortiz, 40, of Long Beach.