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Real Estate Fraud Verdict
updated: Oct 02, 2012, 8:53 AM

Source: Santa Barbara District Attorney

Santa Barbara County District Attorney Joyce E. Dudley announced today that Walden Williams was found guilty as charged of all pending crimes of defrauding the public in a real estate fraud case. Included in these charges were two felony counts of Grand Theft, two felony counts of Sale of Land Without a Public Report, and one misdemeanor count of False Advertising. Furthermore, the jury found that the felony counts were related, involved fraud, and that Mr. Williams stole over $200,000 from his victims.

The ease of People v. Walden Williams involved the sale of real estate lots in the Dominion Road Ranch Subdivision in which Mr. Williams deceived his victims by falsely assuring them that the lots came equipped with residential water.

District Attorney Joyce Dudley commented that Deputy District Attorney Manuel Almada had done an excellent job with a complicated and important case. Dudley went on to say, "Those who commit the crime of real estate fraud are thieves, who steal not only the victims' money, but often their hopes and dreams."

Walden Williams' sentencing date is November 7, 2012, Where he will face a possible sentence of 8 years and 4 months in prison.

 

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