SANTA ANA, Calif.
A San Fernando Valley man was sentenced to 10 years in federal prison for embezzling approximately $1.8 million from an estate left to an elderly victim by the victim’s late brother.
Jamal Nathan Dawood, 55, also known as “Jimmy Dawood,” was sentenced by Judge James V. Selna, who ordered him to pay $1,862,352 in restitution and a $30,000 fine.
Quick Facts:
- Sentence: 120 months (10 years) in federal prison
- Crimes: Wire fraud, money laundering, elder fraud
- Total Loss: $1,862,352 stolen from victim’s estate
- Restitution: $1,862,352 ordered
- Fine: $30,000
- Verdict: Guilty on 15 counts after July 2025 trial
- Scheme Began: 2019
- Assets Purchased: Real estate in La Crescenta and Fontana
- Investigating Agency: FBI
A jury in July 2025 found Dawood guilty of six counts of wire fraud and nine counts of money laundering following a seven-day trial.
Prosecutors said that in 2019, Dawood offered to help the victim manage inherited real estate and retirement savings. He helped open a trust account, then transferred funds without authorization to accounts he controlled and to associates.
Dawood also persuaded the victim to transfer ownership of his home and inherited properties to companies he controlled, falsely claiming the victim would retain ownership interests.
In total, Dawood fraudulently obtained at least $1,862,352 in money and property, using the funds to purchase real estate in La Crescenta and Fontana.
The FBI investigated the case, underscoring ongoing concerns about elder fraud and financial exploitation.