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.
Read more on deadline.com
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