Vegas man gets 6 to 20 years for Nevada real estate fraud



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RENO, Nev. (AP) — A 55-year-old Israeli man from Las Vegas has been sentenced to six to 20 years in prison for heading a scheme that state Attorney General Adam Paul Laxalt says bilked investors in real estate deals including a downtown Reno high rise condominium.

George Christo George was sentenced Monday by Washoe District Judge Connie Steinheimer, who also ordered him to pay $238,000 in restitution to several northern Nevada victims.

George pleaded guilty earlier to a felony mortgage fraud charge related to investments between July 2011 and May 2012.

George used to live in San Bruno, California, and ran a company called G&G Consulting and Investment. He was arrested in August 2013 at a Las Vegas casino.

Laxalt says George is in the U.S. illegally, and faces deportation following his prison sentence.

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The Associated Press

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