Phoenix Man Sentenced to Jail for Fraud and Money Laundering

PHOENIX - Attorney General Mark Brnovich announced 67-year-old Daniel Barraza Nevarez has been sentenced to eight months in jail and seven years of probation for felony counts of Fraudulent Schemes & Artifices and Money Laundering.

Nevarez filed a series of fraudulent quit-claim deeds transferring him ownership of single family homes in Paradise Valley, Scottsdale, and Phoenix. Nevarez then attempted to use the victims’ homes as collateral to secure cash loans. Nevarez used a false identity to execute this fraud, but his true identity was discovered through an undercover operation conducted by agents of the Arizona Attorney General’s Office and the Scottsdale Police Department.

Nevarez was also ordered to pay $21,708.43 in restitution for legal fees incurred by the victims as a result of these crimes.

Assistant Attorney General Adam J. Schwartz prosecuted the case.

Below is the booking photograph for Nevarez.