SAN ANTONIO — A man and his wife have been arrested in connection with a large-scale scheme to steal homes from elderly residents in San Antonio.
Authorities began investigating Richard Morin in March 2024 after receiving reports of fraud and theft involving fraudulent title documents and liens used to unlawfully acquire homes. Morin is alleged to have been assisted by his wife and business partner, Rosa Angelica Mora Duran.
Detectives uncovered that Morin and Duran operated several businesses and Limited Liability Companies, which officials say were part of an elaborate scheme designed to defraud primarily elderly individuals. Some of the entities involved included:
We Buy Homes LLC
Mel-Ric Capital
Happy Houzz LLC
Casa Del Rey Capital LLC
Rose Capital Investments LLC
Mary Mary Contrary LLC
Morin Properties LLC
The Gorilla Club
Welcome Home Capital
Investigators say Morin used co-conspirators to place properties under their names or businesses to conceal his involvement. He also created multiple notarized-looking documents to obstruct clear property titles.
During the probe, detectives interviewed Adam Joseph Green, a co-conspirator who admitted to assisting Morin in fraudulently obtaining properties in exchange for cash. Green reported that Morin later used his identity without consent to acquire additional properties.
One notable case involved a property whose original owner passed away in 2022. Morin attempted to transfer the deed from the deceased owner’s surviving heir to one of his companies, Casa Del Rey Capital LLC. The heir revealed that Morin pressured her to transfer ownership, promising financial gain, and allegedly tried to include language to transfer US Treasury bonds from the estate without her knowledge.
The heir provided investigators with text messages and emails from Morin seeking control over the bonds, which she refused.
Morin, reportedly handicapped and rarely leaving his vehicle, often relied on Duran to assist with visits and paperwork.
Both Morin and Duran now face charges including two counts of financial abuse of the elderly and one count of fraudulent securing of document execution.
