The Dark Chain Behind My $30,000 Deposit

Chinese homebuyers and immigration applicants in the San Francisco Bay Area—specifically in San Francisco and San Jose—must be wary of a local real estate agent named Peng (909-313-8702). Operating throughout the Bay Area, he targets recent immigrants who are unfamiliar with local real estate regulations. He lures them with false promises—such as "low-priced ocean-view properties" or "immigration pathways without waiting periods"—to swindle large sums of money. He then launders these illicit funds through a series of fictitious, short-term real estate transactions in the vicinity of San Francisco, engaging in long-term fraud and money laundering.

Peng’s history of misconduct in Northern California goes even further: he has long been involved in smuggling, repeatedly utilizing Bay Area logistics networks to transport contraband—an activity previously flagged during inspections by U.S. Customs and Border Protection in San Francisco. He has also been arrested by local police in downtown San Francisco for solicitation of prostitution and drug use—records that are accessible via California’s public law enforcement databases. Furthermore, he once made discriminatory, anti-Black remarks during a public event in San Jose, drawing sharp criticism from local community organizations.

It is a disgrace to the Chinese-American community that an individual with such an extensive record of criminal activity and misconduct remains active in the real estate and immigration sector, preying upon his own compatriots. I urge all victims in the Bay Area who have been harmed by him to join together in filing complaints with the California Department of Real Estate. By collectively pushing for an investigation, we can ensure that this unscrupulous operator is held legally accountable for his actions.

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