Jerry Y Oren

San Fernando Valley developer Jerry Y. Oren was placed on five years' probation Monday and ordered to pay fines and restitution of more than $300,000 for using a fake letter to inflate the price of a Santa Monica Mountains tract he sold to the National Park Service. U.S. District Judge Harry L. Hupp also ordered Oren, 61, to perform 1,500 hours of community service work. Assistant U.S. Atty. Ralph F.

San Fernando Valley developer Jerry Y. Oren was placed on five years' probation Monday and ordered to pay fines and restitution of more than $300,000 for using a fake letter to inflate the price of a Santa Monica Mountains tract he sold to the National Park Service. U.S. District Judge Harry L. Hupp also ordered Oren, 61, to perform 1,500 hours of community service work. Assistant U.S. Atty. Ralph F.

Federal prosecutors dismissed a felony charge against New York real estate agent Moshe Ziv, one of three men accused of fraudulently inflating the value of a Santa Monica Mountains tract that was sold to the National Park Service for a record $1.8 million. A second defendant, Radoslav L. Sutnar, has asked to change his innocent plea today. A guilty plea by Sutnar would leave only Encino real estate developer Jerry Y.

A company that wants to build two major projects near Agoura Hills is terminating the leases of four billboards just outside the city, forcing the removal of the signs by the end of the year, a representative of the firm said Tuesday. The removal of billboards along the Ventura Freeway has been a major issue for the town's City Council. Agoura Hills officials are seeking a "scenic highway" designation for the freeway.

A developer has offered to sell two key pieces of land in the Santa Monica Mountains to a state parks agency at a bargain price, in an attempt to soften opposition to a controversial land swap so that a road can be built through Cheeseboro Canyon Park, a state official said Wednesday. The Santa Monica Mountains National Recreation Area would receive 230 acres of rolling, upland meadow and 75.7 oak-dotted acres bordering the park on the south, said Joseph T.

The Agoura Hills City Council has recommended holding a town hall meeting so that a Maryland developer can show plans for luxury homes and a large commercial development on 474 acres next to the city. The developer, Potomac Investment Associates, has told city officials that it is interested in the city annexing the property, Paul A. Williams, director of planning and community development for Agoura Hills, told the council Wednesday. The land is in an unincorporated area of Los Angeles County.

A prominent Encino developer convicted of defrauding the National Park Service in a 1984 land sale might be forced to donate parkland or otherwise make restitution of up to $1.7 million, according to prosecutors. Jerry Y. Oren, a leading Southern California developer, was convicted July 15 of using a fake letter to inflate the price of a Santa Monica Mountains tract he sold to the Park Service for $7.5 million. "We haven't decided yet," said Assistant U.S. Atty. Ralph F.

Encino developer Jerry Y. Oren testified Friday that he had made a "very serious error" when he allowed an associate to backdate a letter concerning the appraisal of his Santa Monica Mountains property that he hoped would be purchased by the National Park Service. The U. S. District Court case against Oren, 51, revolves around a Sept. 13, 1984, letter that prosecutors have contended the defendant used to inflate the appraised value of his property before the sale.

A real-estate appraiser testified Thursday that prominent Encino developer Jerry Y. Oren repeatedly insisted that a fictitious letter aimed at inflating the price of a Santa Monica Mountains parcel of land he owned was valid. Appraiser Thomas W. Erickson also said that Oren, on trial in U. S. District Court in Los Angeles, "told me that he did not want any of the parties in the letter contacted" for verification.

A federal judge on Monday sentenced a prominent Valley real-estate consultant to three years probation and 300 hours of community service for his part in falsifying a letter used to inflate the value of Santa Monica Mountains property sold to the National Park Service. Radoslav L. Sutnar, 58, was also ordered to pay a $1,000 fine. However, U.S. District Judge Harry L.

Saying his unsolicited gift to the government of 20 acres of parkland should be enough, a San Fernando Valley developer has appealed a requirement that he make more than $300,000 in restitution for defrauding the National Park Service. In papers filed in the U. S. Court of Appeals in Pasadena, Encino developer Jerry Y. Oren, a leading contributor to the campaigns of many Southland elected officials, also asked that his July 15 conviction be overturned.