• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

Real estate fraud leads to murder in South LA, prosecutors say

“You know what could happen if he talks.”

That was the alleged warning made by David Nelson, on trial this week for a murder-for-hire plot linked to a $375,000 real estate fraud, the Los Angeles Times reported.

Nelson, 50, of Fontana, has pleaded not guilty to charges of murder and conspiracy in the 2013 shooting death of Rigoberto Dupre, in South Los Angeles.

The 54-year-old Dupre was shot in the back by an unknown assailant one evening at his auto repair shop. A bullet to the chest and two more in the head made sure he was dead.

Dupre’s business dealings set him on a “collision course” with Nelson, accused of orchestrating his death, Deputy District Attorney Paul Thompson said at the trial.

Hoping to make a few bucks to pour into his home auto shop on Florence Avenue, Dupre got involved in a fraudulent real estate deal with Nelson, Thompson told the jury in his closing argument.

Nelson drove a Rolls Royce. Dupre was an “unsophisticated” man who worked on cars six days a week, the prosecutor said.

Nelson was trying to steal equity from an Inglewood apartment complex, according to Thompson. While posing as the landlord, Dupre secured a loan against the building’s value for $375,000, which was then converted into gold coins. 

Nelson’s attorney, Jovan Blacknell, said there was no evidence that Nelson received any of the gold.

Two years after the loan was made, investigators for the financing company confronted Dupre, who “laid it all out,” Thompson said. Dupre then picked out Nelson among a lineup of potential suspects as the man who put him up to the fraud, records show.

The prosecutor said this sealed Dupre’s fate.

Dupre’s son would later tell detectives that Nelson showed up at his father’s business and warned the son: “You know what could happen if he talks.”

Nelson offered an associate, Tina Alexander, $5,000 to orchestrate Dupre’s murder. Alexander, 62, pleaded guilty to murder and testified against Nelson in exchange for a sentence of 15 years to life, according to prosecutors.

After a botched murder attempt by her husband (who led police on a 10-mile chase before he was arrested in connection with check-cashing robberies), Alexander asked her brother-in-law to rent another car. 

She parked it on 69th Street, a few blocks from Dupre’s shop, and left the keys inside,Thompson said. A gunman then walked into the shop and killed Dupre, then escaped in the getaway car.

“Wallet was there, money was there,” Dupre’s son told ABC7 at the time, discounting robbery as a motive. “He didn’t pat him down, nothing. He just shot him and left.”

Blacknell asked the jury to consider the lack of evidence.

Read more

Los Angeles


“Criminal ring of squatters” enjoy Beverly Crest home listed at $4.6M
“Criminal ring of squatters” enjoy Beverly Crest home listed at $4.6M

Los Angeles


LA developer with shady past charged in murder-for-hire plot
LA developer with shady past charged in murder-for-hire plot

National


Real estate developer accused of possessing child pornography
Real estate developer accused of possessing child pornography

The spoils of the fraud that set the alleged conspiracy in motion — $375,000 in gold coins — were never recovered.

In all of Nelson’s phone, internet and bank records, police and prosecutors didn’t find a record of Nelson soliciting someone to murder Dupre after Alexander’s husband was arrested. The shooter has never been identified, despite a $50,000 reward offered by the Los Angeles City Council. 

“When does [Nelson] hire and recruit and pay this unknown killer?” Blacknell asked the jury. Deliberation by the jurors began on Wednesday.

— Dana Bartholomew

The post Real estate fraud leads to murder in South LA, prosecutors say appeared first on The Real Deal.

Powered by WPeMatico

  • 21 February 2024
  • The Real Deal
  • Uncategorized
  •  Like
Newport Real Estate Partners pays $34M for senior apartments in OC →← California homeowners squeeze into smaller lots compared to other states
  • Recent Posts

    • Hoteliers sound the alarm on looming distress  May 24, 2025
    • Growth markets see retail boom even with tariff uncertainty May 24, 2025
    • Westchester resi project gets city OK after union drops objection May 23, 2025
    • WATCH: ‘Father of CMBS’ Ethan Penner to run for governor of California May 23, 2025
    • Fashion Island office fetches $756 psf May 23, 2025
  • Recent Comments

    • Archives

      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM