Associated Press - October 27, 2009 5:34 PM ET
TUCSON, Ariz. (AP) - Authorities say a former real estate agent has pleaded guilty to felony charges for defrauding an elderly Tucson resident.
At a hearing in Pima County Superior Court, prosecutors say 46-year-old Ammar Dean Halloum pleaded guilty to one count of theft/financial exploitation of a vulnerable adult and one count of fraudulent schemes and artifices. He will be sentenced Dec. 1.
Halloum, of Phoenix, also agreed to pay more than $200,000 in restitution to the victim and more than $30,000 to the Arizona Attorney General's Office for prosecution costs.
Halloum admitted that while working as a licensed real estate agent, he obtained the title to a Gilbert home through misrepresentations and omissions.
Prosecutors say the homeowner he victimized was suffering from dementia and living in a nursing home at the time the sales documents were signed. They say Halloum subsequently flipped the property and kept the profit.
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