VIDEO: Alleged $2 Million Real Estate Scammer Was Target of TV Exposé

A Chatsworth woman charged in an alleged $2 million foreclosure scheme once ran her operation out of a second-story office adjacent to the Chatsworth Library.

Lynn Eichenberger, 42, who was arrested in Orange County Wednesday along with Loan Thituong Nguyen, 43, of Westminster, was the target of a hidden-camera exposé by KCBS2 in 2009 for allegedly defrauding people investing in a  development called Emerald Bay. KCBS2 said she claimed that she was the CEO. Calling herself Kc Luera, video showed that her Valley Credit Express offices were at 21032 Devonshire St.

• Click here for the video.

“This is the solution that is going to save your home,” Eichenberger was caught saying on the KCBS2 hidden camera. “If you have a $300,000 mortgage, guess what, it freezes,” she said.

Reporter David Goldstein said Eichenberger was "promising foreclosure help and real estate riches and leaving a long line of victims."

“I think she’s a predator and she has been preying on people’s savings accounts,” said investor Len Armijo.

You can see a video and read the story here.