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Fresno real estate investor guilty of running $9 million Ponzi scheme
Summary by The San Joaquin Valley Sun
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Fresno real estate investor guilty of running $9 million Ponzi scheme
A Fresno real estate investor has pleaded guilty to running a $9 million Ponzi scheme. The U.S. Department of Justice announced Monday that Matthew Campbell, 43, pleaded guilty in federal court to wire fraud. Driving the news: Campbell operated Preferred Property LLC and Ampez Rehab Investments LLC since 2012. He used the companies to buy and sell real estate, build, renovate properties and to solicit investments. In 2018, Campbell started …
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