Central Coast Woman Sentenced for Real Estate and 'Tanda' Fraud Exceeding $1 Million
Esmeralda Hernandez Pulido, a 36-year-old woman from Salinas, California, has been sentenced to three years and four months in jail after being convicted of real estate fraud and scamming friends and acquaintances out of over $1 million. The Monterey County District Attorney's office announced that Hernandez Pulido was found guilty of four counts of felony theft. Prosecutors detailed that she defrauded at least five victims by soliciting cash for home down payments, falsely promising them first position on property deeds. She collected amounts far exceeding the value of the house and never delivered on her promises. Additionally, Hernandez Pulido stole money from tenants, friends, and acquaintances through an informal savings club known as a 'tanda,' pocketing the funds instead of making promised payouts.