News Flash: Former Homestore CEO sentenced to 4.5 years in prison

NEWS FLASH

Former Homestore CEO sentenced to 4.5 years in prison Former Homestore.com chairman and CEO Stuart Wolff was sentenced to 4 1/2 years in prison Monday after a judge rejected a plea by his lawyers for a lighter sentence. A plea agreement Wolff signed in January called for him to spend between three and five years in prison for his role in a scheme that artificially inflated Homestore's revenue in 2001. Wolff pleaded guilty to one count of conspiracy to commit securities fraud. Read full story here.

ADVERTISEMENT The best speakers and innovators in real estate and technology – all at Connect SF 2010. Don't miss out! Join us July 13-15, 2010. Register Today! You are subscribed to this mailing list, headlines, as: roballeyrealtor@gmail.com. If you can afford to ignore breaking real estate news and emerging technology trends, then Unsubscribe.