Thomas John Hastert, 53, a former sheriff's deputy in California turned real estate broker, was arrested Thursday at his daughter's home in Santa Cruz, California and charged with bilking investors out of as much as $20 million. Hastert was charged in Nevada County Superior Court with 73 counts of embezzlement, securities fraud, conspiracy and filing false documents in the alleged defrauding of some 123 investors and borrowers. He was a former deputy sheriff in Los Angeles and Nevada counties, according to reports.Read the story here.
Read the AG's affidavit in support of Arrest Warrant for Hastert here.
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