Former Atascadero Real Estate Developer Charged with Defrauding Investors in Central Coast Real Estate

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By California RealEstateRama -

LOS ANGELES, CA – July 6, 2012 – (RealEstateRama) — A real estate developer who formerly resided in Atascadero was indicted today on federal fraud and money laundering charges that accuse him of bilking investors who put money into Central Coast real estate projects—money that was siphoned off for other purposes, including maintaining a lavish lifestyle.

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