She once was the prominent mobile home dealer who promised she’d “take anything in on trade” — even pigs.
But now, Faye Morero has been booked into the Kern County jail on dozens of counts of theft and grand theft. Morero, 71, is held in the downtown jail in lieu of $2.8 million bail.
The District Attorney’s office has charged her with 47 felony charges of grand theft and one count of conspiracy.
A second defendant, Ken Searcy, also named in the case, was arrested Friday in Riverside County on the same charges.
Prosecutors estimate Morero and her company embezzled a $2.8 million. Documents state the DMV and Kern County Sheriff’s Office received numerous complaints beginning two years ago, from consumers who left their RVs at the business to be sold, expecting to get cash when they did.
Charging documents say Morero and Searcy made the decision at several meetings to not pay off bank loans, consumers, or banks and instead use the money for other bills, including commissions paid to sales people.
The case was filed Thursday.