realestate

Orange County developer admits to $13M investment scam

75-year-old Barry Breeman faces up to 20 years in prison if convicted.

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75-year-old Orange County real estate developer, Barry Breeman, has pleaded guilty to a multi-million dollar investment fraud scheme. According to authorities, Breeman admitted to swindling over $13 million from investors by convincing them their money was being invested in lucrative Latin American real estate projects. If convicted, he faces up to 20 years behind bars.

Orange County developer admits to $13M investment scam in California court.