SANTA ANA (AP) — An Orange County man has been convicted of scamming dozens of elderly people out of about $2.8 million dollars.

Prosecutors say Hitomi Tsuyuki pleaded guilty to 29 felonies in court on Friday.

Between 1997 and 2007, Tsuyuki convinced 33 clients — many of them parishioners at his father’s church — to invest in tax-free municipal bonds.

The money was pocketed by Tsuyuki instead of ever being invested, while he provided false documents to convince them that their money had been invested.

Tsuyuki used the cash to buy his Coto de Caza home, a vacation property in Mammoth, a golf club membership and cars.

The fraud was uncovered after victims were told they couldn’t cash out on the investments.

He faces 18 years in prison. His next hearing is Oct. 28.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments (3)
  1. CORRUPTION says:

    Big deal the guy will get probation and will be allowed to keep the money. He is not going to jail. Not in California.

    1. Christina39 says:

      . I agree even though he PROBABLY scammed elderly people out of their life savings, this is just not the type of crime that seems to be punishable under the law. He might get 15 years though if he had one fourth of an ounce of marijuana. He could even get shot.

      Unfortunately crimes against the elderly are never taken seriously.

      Report a con artist and it’s “It is a civil crime mame”

  2. Rob says:

    What’s funny in my opinion is that one day, some victim isn’t going to like the sentence or consequences, which is typically very light and restitution is a total joke. And maybe one of these guys will go postal on the criminal. Now wouldn’t that be a laugh!

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