Posted: Dec 20, 2012 4:51 PM by The Associated Press
LOS ANGELES (AP) - The FBI is looking for a Southern California con man who failed to show up for in federal court for sentencing after admitting fraudulent investment and home-refinancing schemes that caused millions of dollars in losses.
The FBI said in a statement Thursday that 29-year-old David Kaup of San Gabriel was supposed to have appeared in court on Monday.
Kaup pleaded guilty to two counts of wire fraud in April. According to his plea agreement, Kaup carried out three separate fraud schemes that defrauded people who thought they were investing in commercial loans and homeowners who sought his assistance in refinancing their homes.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at email@example.com, and include the name of the story and information on the comment.
Thank you! KSBY.com
Get deals up to 80% off here!
Find the lowest gas prices in your area
Submit your photos to KSBY
Check out our calendar of events
Watch Daybreak Web Videos in full
Save with Hot Deals across our counties!
Events across the Central Coast
Follow The CW5 on Facebook.
The KSBY online public file.
What do you think? Leave us your feedback.
KSBY is your official CA Lottery station for San Luis Obispo and Santa Barbara Counties