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HomeVestors Ex-Owner Sentenced to 188 Months for Fraud

By Drooid · · How we work

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Story summary
  • Charles Carrier, former HomeVestors franchise owner, was sentenced to 188 months in federal prison.
  • U.S. District Judge Brantley Starr imposed the sentence on the 67-year-old.
  • Carrier must pay $24,416,911.16 restitution after defrauding more than 80 investors of $39,514,300.
  • He claimed first-position liens but often failed to record deeds, using funds for personal debt and earlier investors.