# California accountant gets 63 months in prison after $8.2 million backyard homes fraud

- Source: World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India
- Published: 2026-11-02T11:26:08+00:00
- Category: Local
- Original: https://timesofindia.indiatimes.com/world/us/a-california-accountant-told-investors-their-money-would-fund-backyard-homes-but-no-homes-were-built-and-more-than-8-2-million-vanished-in-risky-trading-he-has-now-been-sentenced-to-63-months-in-prison/articleshow/135450352.cms
- Canonical: https://groundlevelnews.com/story/california-accountant-gets-63-months-in-prison-after-8-2-million-backy-bab9e8/

A California accountant has been sentenced to 63 months in prison for defrauding investors of more than $8.2 million through fake real estate projects. Ethan Joseph Sanchez promised to use their money to build backyard homes but instead lost it through risky day trading. A federal judge also ordered him to forfeit over $8.2 million and pay restitution to victims.

_Ground Level News shows a short summary only; the full article and all rights belong to World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India._