AZ Builder Found Guilty of Fraud

A former Arizona custom-home builder and his accountant have been found guilty of bank fraud and conspiracy and now face lengthy prison sentences, according to recent reports.

The defendants, Paxton Anderson, former owner of Dynamite Custom Homes, and Joseph Plany, certified public accountant, recruited friends and family members to act as home buyers between 2004 and 2009 to apply and qualify for construction loans. Continue reading

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