2 Oregon real estate investors face a 21-count federal indictment for defrauding $18M from investors and lenders.
Two Oregon real estate investors, Robert Christensen and Anthony Matic, face a 21-count federal indictment for allegedly defrauding individual investors and commercial lenders of over $18 million. From 2019 to 2023, they reportedly convinced investors to fund the purchase and renovation of undervalued properties, promising high returns with quick payouts. However, their scheme failed to generate the promised returns, and they resorted to defrauding commercial lenders using false financial information. If convicted, they face up to 20 years in prison for wire fraud, 10 years for money laundering, and fines of up to $250,000 or twice the gross gains or losses.
August 28, 2024
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