Northern California developer admits $22 million fraud

SACRAMENTO, Calif. (AP) — A Sacramento-area restaurant owner and commercial real estate developer is admitting to frauds that cost banks more than $22 million. Fifty-nine-year-old Abolghasseni Alizadeh of Granite Bay pleaded guilty Friday to wire fraud, bank fraud and making false statements to a federally insured financial institution. Federal prosecutors say he fraudulently purchased land […] ...
3 Published By - The Seattle Times - 2018.01.12. 23:23
Share |