Former HGTV star from Los Gatos sentenced in $10M real estate fraud case

LOS GATOS – A Los Gatos man who starred in a real estate reality show was sentenced to jail and ordered to pay back nearly $10 million to his victims after being convicted of real estate fraud, prosecutors said Tuesday.According to Santa Clara County District Attorney Jeff Rosen's office, 58-year-old Charles 'Todd' Hill received a four-year sentence.

'Others, unfortunately, see it as a criminal opportunity – and we will hold those people strictly accountable.'According to the DA's office, Hill engaged in 'multiple fraud schemes', with some scams dating back before the HGTV show.Prosecutors said in one instance, he diverted construction money for his personal use. In another, Hill created a Ponzi scheme by taking money intended to buy homes from an investor and spending it on a lavish lifestyle instead.

Source: Entertainment Trends (entertainmenttrends.net)

Fraud Real Estate Housing Crisis

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Feel-good ending denied for Los Gatos goalie, as Sharks fall apart in third periodNHL: Logan Cooley stops 22 of 23 shots in the first two periods before wheels fall off for San Jose Sharks in third period
Source: mercnews - 🏆 88. / 68 Read more »

Saratoga restaurant owners open Dar in Los Gatos’s Soda Works PlazaMilad Shaqir says former Eleven College Avenue space feels like ‘coming home’.
Source: mercnews - 🏆 88. / 68 Read more »

Thieves steal beauty products, cold medicine from Los Gatos businessesSephora, Safeway hit.
Source: mercnews - 🏆 88. / 68 Read more »

Crowd-sourced teacher housing in Los Gatos is a lesson in what's possibleTeachers in the pricey South Bay enclave of Los Gatos have moved into affordable housing apartments built just for them in a small development, but it could be the start of something much bigger.
Source: KPIXtv - 🏆 443. / 53 Read more »

Los Gatos council allocates $60,000 for ongoing support of town’s unhousedFunding extends shower, restroom, hotel programs.
Source: mercnews - 🏆 88. / 68 Read more »

Sharks activate Blackwood off IR, keep Los Gatos native on teamNHL: San Jose Sharks activate Mackenzie Blackwood off IR and reassign Magnus Chrona to the Barracuda
Source: mercnews - 🏆 88. / 68 Read more »