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Loan Modification

: Flipping Frenzy

Richmond real estate promoter pleads guilty to mail fraud

By Ralph Roberts

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A Richmond, VA, real estate promoter who cheated 22 investors out of more than $2 million and three banks out of $252,000 pleaded guilty to mail fraud in federal court yesterday. Robert S. Capehart, 54, faces up to 20 years in prison and a fine of $250,000 when sentenced May 24 by U.S. District Judge James [...]

Full post as published by Flipping Frenzy on February 25, 2010 (boomark / email).

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