Colorado Resident Sentenced to 168 Months in Prison for Defrauding Investors in Texas Real Estate Scheme

    Colorado Resident Sentenced to 168 Months in Prison for Defrauding Investors in Texas Real Estate Scheme

    WASHINGTON, DC – January 16, 2012 – (RealEstateRama) — The owner and president of Evans Real Estate Group LLC was sentenced today to 168 months in prison for defrauding investors in real estate funds that invested in the acquisition, renovation and continued operation of existing apartment complexes in Texas, announced Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division.

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