SacBee Crime Q&A: Where is former El Dorado Hills man who was sentenced for investment fraud scheme?

by Placerville Newswire / Sep 30, 2016 / comments

DEAN, SACRAMENTO: Q: Where is Daniel Chartraw, the former El Dorado Hills man who was just released from federal prison? He was supposed to go to jail for domestic violence charges in Carmel, but I cannot find out where he is.

BY CATHY LOCKE: A: Daniel Chartraw was sentenced in federal court in August 2013 to four years and nine months in prison for his role in a multimillion-dollar investment fraud scheme and ordered to pay $2.8 million in restitution.

He pleaded guilty to federal wire fraud charges and also pleaded guilty in Monterey County to battering his wife.

According to an online roster of federal prison inmates, Chartraw, 43, was released from federal custody in July. He is now in state custody, at the California Institution for Men in Chino.

According to court documents, between Jan. 1, 2007 and Nov. 31, 2011, Chartraw defrauded investors through false representations regarding a variety of investments, including investments in mines, mining and refinery equipment, oil commodities, precious metals concentrate and multimillion-dollar certificates of deposit.

Investors lost an estimated $2.6 million to $3.6 million through Chartraw’s schemes, according to the plea agreement.

Chartraw had a primary residence in an El Dorado Hills mansion until 2010, when he moved to Monterey County. He was subsequently arrested on the Central Coast, then disappeared until he was arrested by Mexican authorities, who turned him over to U.S. authorities in April 2012.

See more HERE

Related Story: Investment Fraudster that derailed Hoffman Campaign Sentenced