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Scottsdale restaurant mogul pleads guilty to swindle

Wagner admitted using investor money for homes, private planes and other expenses after prosecutors said he misled lenders about restaurant and real estate projects.

Summary by Scottsdale Progress
Aaron Wagner, a fraudster who once pitched a restaurant called Swags in Scottsdale, likely won’t have much swagger as he enters a federal prison.

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East Valley TribuneEast Valley Tribune
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Scottsdale ProgressScottsdale Progress
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Scottsdale restaurant mogul pleads guilty to swindle

Aaron Wagner, a fraudster who once pitched a restaurant called Swags in Scottsdale, likely won’t have much swagger as he enters a federal prison.

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Scottsdale's Aaron Wagner Pleads Guilty in $40M Fraud Case

Scottsdale developer Aaron Wagner pleaded guilty to fraud after diverting investor funds into a private jet and luxury watch; sentencing is set for November 18.

·San Francisco, United States
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Scottsdale Progress broke the news on Monday, September 7, 2026.
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