Jocelyn Saenz Carrillo, 53, a former branch manager and escrow officer with Alliance Title Co. in Fremont, was arraigned on 31 counts of real estate felonies in Alameda County Superior Court. She’s charged with diverting home loan money from 10 Bay Area homeowners, mostly elderly and Spanish-speaking,  to two unlicensed loan salesman Altaf Shaikh (aka Zak Khan) and Kaseem Mohammadi, both reportedly convicted felons.

Total losses are alleged to be more than $200,000 and occurred around or in December 2003, according to the Alameda County District Attorney’s Office.

Saenz Carrillo is accused of preparing false and misleading documents which concealed theft. Alliance Title closed its doors in 2007. Information on this case can be forwarded to the Alameda County District Attorney, Real Estate Fraud Unit, 800-287-9862.