Charles “Todd” Hill, who starred on the HGTV show Flip It to Win It, has been sentenced to prison in California for committing real estate and financial fraud against 11 victims, prosecutors said.
“The show’s concept was that he bought dilapidated homes, fixed them up, and then sold them for a profit. Instead, Hill spent millions on overbudget remodels, laundered profits, and pocketed millions in fraudulently obtained money,” the Santa Clara County District Attorney’s Office wrote.
A judge last week sentenced 58-year-old Hill to serve four years in jail and pay nearly $10 million in restitution to victims.
Hill was convicted last year of multiple fraud schemes, including scams perpetrated well before the show was launched, prosecutors said.
“Evidence showed that Hill spent the laundered money on a rented apartment in San Francisco, as well as hotels, vacations, and luxury cars,” the Da’s office said.
Hill created a Ponzi scheme,...
“The show’s concept was that he bought dilapidated homes, fixed them up, and then sold them for a profit. Instead, Hill spent millions on overbudget remodels, laundered profits, and pocketed millions in fraudulently obtained money,” the Santa Clara County District Attorney’s Office wrote.
A judge last week sentenced 58-year-old Hill to serve four years in jail and pay nearly $10 million in restitution to victims.
Hill was convicted last year of multiple fraud schemes, including scams perpetrated well before the show was launched, prosecutors said.
“Evidence showed that Hill spent the laundered money on a rented apartment in San Francisco, as well as hotels, vacations, and luxury cars,” the Da’s office said.
Hill created a Ponzi scheme,...
- 4/28/2024
- by Bruce Haring
- Deadline Film + TV
Former HGTV star Charles “Todd” Hill is facing some serious legal troubles. He is being ordered to pay nearly $10 million in institutions and has been sentenced to four years in Santa Clara County Jail after he was tied to multiple fraud schemes. Keep reading to see what was uncovered during the trial and when Todd will be serving his sentence.
Why Is Charles ‘Todd’ Hill Going To Jail?
Todd Hill appeared on Flip It To Win It in 2014. The program showed five teams of “expert flippers” who bid against each other on houses, sight unseen. Whichever team sold their house for the most cash won the challenge.
The show only aired for one season, but he gained notoriety for his work on the program. Unfortunately, what he will be remembered for now is the real estate and financial fraud he has been accused of.
YouTube/svhomes
A press release that...
Why Is Charles ‘Todd’ Hill Going To Jail?
Todd Hill appeared on Flip It To Win It in 2014. The program showed five teams of “expert flippers” who bid against each other on houses, sight unseen. Whichever team sold their house for the most cash won the challenge.
The show only aired for one season, but he gained notoriety for his work on the program. Unfortunately, what he will be remembered for now is the real estate and financial fraud he has been accused of.
YouTube/svhomes
A press release that...
- 4/23/2024
- by Amanda Blankenship
- TV Shows Ace
Former HGTV star Charles “Todd” Hill has been sentenced to four years in the Santa Clara County jail for committing real estate and financial fraud against multiple victims. Hill, 58, who appeared on the 2014 reality competition show Flip It to Win It, was also ordered to pay back nearly $10 million to the 11 victims of his fraudulent schemes. According to a press release from the Santa Clara County’s Office of the District Attorney, instead of buying dilapidated homes, fixing them up, and selling them for a profit, the HGTV alum spent millions on “over budget remodels, laundered profits, and pocketed millions in fraudulently obtained money.” Evidence revealed that Hill spent the laundered money on a rented apartment in San Francisco, as well as luxury items such as hotels, vacations, and cars. He was also found to have diverted construction money for his personal use. “Some see the huge amount of money...
- 4/23/2024
- TV Insider
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.