Wiley C. Chandler, a real estate investor, pleaded guilty in U.S. District Court in Sacramento, California, to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, California.

 

Wiley Chandler, Andrew Katakis, Donald Parker, Anthony Joachim and W. Theodore Longley are the subject of an indictment unsealed by a U.S. District Court in Sacramento, California, for their participation in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, California.

Charges were filed in U.S. District Court for the Northern District of California in San Francisco against eight Northern California real estate investors.  Each has agreed to plead guilty for their roles in two separate conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California.

Walter Daniel Olmstead, 39, Tracy, California, a real estate investor, pleaded guilty in U.S. District Court in Sacramento to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, California.