Federal prosecutor attends SLO County developers’ fraud trial

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Federal prosecutor attends SLO County developers’ fraud trial
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By KAREN VELIE During the last day of a civil trial in which two San Luis Obispo County developers are fighting allegations of fraud, a federal prosecutor

During the last day of a civil trial in which two San Luis Obispo County developers are fighting allegations of fraud, a federal prosecutor observed the hearing. Both defendants in the case, John Belsher and Ryan Wright, are also tied to an ongoing criminal bribery and corruption case.

Last year, FBI agents arrested Wright on a three-count indictment charging him with conspiracy, falsification of records and obstruction of justice. Wright and Belsher’s business, PB Companies, allegedly paid nearly $100,000 in bribes and gifts to former SLO County Supervisor Adam Hill. Judge Kelley asked Wilson why he had not hired an expert witness to provide testimony regarding allegations of fraud and commingling regarding a residential project in Templeton – Las Tablas Villas. Wilson said a more than $1 million personal debt payment to Jason Blankenship from the Las Tablas Villas account was evidence of fraud and commingling.

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