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Walnut Creek Man Ordered to Pay Millions for Real Estate Scam

A Contra Costa County judge ordered a Walnut Creek man to pay $12.7 million for his part in a real estate scam that bilked many investors and cost Saint Mary's College millions of dollars in anticipated pledges, according to reports by several newspapers and other news organizations.

* Link to Contra Costa Times Article
* Link to San Jose Mercury News Article
* Link to Monterey County Herald Article
* Link to San Luis Obispo.com Article
* Link to San Francisco Chronicle Article

For complete information about the unrealized pledges to Saint Mary's College, please visit our pledge coverage page.