Former Bell Manager Robert Rizzo Sells His Huntington Beach Home

HUNTINGTON BEACH (AP) — The man authorities say masterminded a scheme to loot millions from the working-class suburb of Bell has sold his Huntington Beach house.

Pier Realty agent Bill Cuppy tells the Orange County Register the two-story house owned by Robert Rizzo sold for $939,000, which is $40,000 below the asking price earlier this year.

Rizzo bought the 3,250-square-foot home in the city’s tony Seacliff section for $1.13 million in 2007. A tentative sale earlier this year fell out of escrow.

There’s no information on the buyer.

Prosecutors say Rizzo, the former Bell city manager, orchestrated a scheme to bilk the Los Angeles suburb out of more than $6 million. Rizzo, who had an annual salary and compensation package of $1.5 million, has pleaded not guilty.

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 This material may not be published, broadcast, rewritten or redistributed.)

Comments

One Comment

  1. charlie says:

    Is the money from the sale going to the City of Bell ? or is it going to his account to feed his attorneys ?

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