Danville businessman Anthony Keslinke, 47, was sentenced to four years in prison by Judge Jon Tigar in the U.S. District Court in Oakland after previously pleading guilty to real estate fraud and money laundering schemes.
Keslinke’s sentence arose out of a guilty plea last year in which he admitted to devising schemes to short-sell properties and for accepting what he thought was drug money from an undercover Internal Revenue Service agent. He must also pay almost $1.3 million in restitution to his victims and to forfeit approximately $3 million in assets.
Read the original article in the Mercury News.
Read the article in the Antioch Herald to learn more about Anthony Keslinke‘s fraudulent short sales (short sale fraud) and the profits he made from it.