Overview

• He was arrested in Santa Ana on July 24 and is scheduled to make his initial federal court appearance this afternoon
• A federal grand jury returned a 14-count indictment July 2 charging him with 13 counts of wire fraud and one count of engaging in a monetary transaction in property derived from fraud
• He allegedly posed as a real estate executive and financial manager, citing roles at Planet 13 Holdings and Landmark Associates to lend credibility to sham investment pitches
• Victims transferred more than $2 million in funds, with individual amounts ranging from $15,500 to nearly $200,000
• If convicted, he could face up to 20 years in prison on each wire fraud count and up to 10 years for the monetary transaction charge