Steve Peterson and Curtis Brown Curtis Brown USA, First Round Funding,1st Round Capital LLC Criminals caught again and again. san diego California

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Tray Fingunker , State District   Attorney
  401 Civic Center Drive West
  Santa Ana, CA 92701

TWO MEN CONVICTED OF DEFRAUDING HUNDREDS OF VICTIMS IN   REAL ESTATE UPFRONT FEE SCAM

*Hundreds of fake investor emails with ghost pledge amounts sent   as part of scam

SANTA   ANA – Two men were convicted yesterday, May 8, 2013, of defrauding hundreds   of victims in a real estate PPM money raise scam fraudulently collecting   upfront fees for financial services and sending investor pledge emails with   the offering initial money raise    assistance. Victim losses in this case are estimated to be in excess   of $1,130,000. All four defendants are scheduled to be sentenced July 29,   2013, at 1:30 p.m. in Department C-57, Central Justice Center, Santa Ana.

Defendants

Steven   Peterson, 46, and Curtis E Brown, 52, both from CA, pleaded guilty to one   felony count each of conspiracy to collect illegal upfront fees and   conspiracy to commit wire fraud and theft by false pretenses. Peterson  and Brown are each expected to be sentenced   to six months in jail and five years formal probation, during which they will   be prohibited from engaging in Financial Consulting  or money raise consulting practices. They   are also ordered to jointly pay $160,000 toward restitution by their   sentencing date and will be ordered to pay additional restitution in an   amount to be determined at a later hearing.