Embattled OC real estate investor pleads not guilty to $100M bank fraud
An Orange County real estate investor who built a business buying distressed real estate has pleaded not guilty to defrauding an Arizona bank of nearly $100 million. On Monday, 44-year-old Mahender Makhijani of Corona del Mar was arraigned in Santa Ana federal court on two charges in the investor’s latest legal troubles, the Los Angeles Times reported. Makhijani stands accused of bank fraud and making a false statement to a bank in a case linked to an almost $100 million real estate loan provided by Phoenix-based Western Alliance Bank. He pleaded not guilty to both charges. Makhijani was arrested and […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
An Acclaimed Photographer Updated This 144-Year-Old Hamptons Home Now Listed for $9.3 Million
Palms poised for more affordable housing with latest 115-unit proposal
A Cabana Bar and Spokane River Views Anchor This $7.2M Retreat
How to Calculate Deck Spans for a Safe, Sturdy, and Stylish Outdoor Space
Justin and Hailey Bieber Just Bought a Multimillion-Dollar Herzog & de Meuron–Designed NYC Condo
This $3.8M Cypress-Clad New Jersey Residence Unfolds Over Three Levels
In Upstate New York, a Meticulously Restored Country Estate Seeks $3.1M
Designed for Multigenerational Living, This Forested Compound in Colleyville Seeks $3M
Take in the Rugged Beauty of the Ozarks Through Walls of Glass
A Scarpa-Inspired Venice Retreat Lists for $14.9M
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California, 92656, USA