Hard Money Lender Convicted in Ponzi Scheme

Thomas Franklin Tarbutton, 56, Newport Beach, California,a hard money lender, was convicted by a jury of embezzling over $3 million from investors in a Ponzi real estate-mortgage investment fraud scheme. Between 2004 and 2010, Tarbutton operated Villa Capital Inc. as a hard money lender who solicited money from private investors for borrowers looking for funds […]