FBI raids Hollywood mansion in $17.4M alleged mortgage scam targeting seniors, 11 arrested including Iranian

FBI agents raided a Hollywood mansion early Thursday, arresting a suspect in pajamas in a raid tied to an alleged $17.4 million mortgage fraud scheme targeting elderly homeowners.

Prosecutors said the scheme resulted in about $6 million in actual losses, with 11 suspects — including an Iranian and Azerbaijani national — accused of stealing victims’ identities, taking out mortgages on their homes and pocketing the cash.

During the raid, part of Operation Hard Money, agents surrounded...