Alan Anderson was found guilty of duping investors out of $8 million.
A Walnut Creek man was sentenced to more than seven years in prison last week for defrauding investors out of more than $8 million to back his child-oriented internet companies over the course of a decade, according to federal authorities.
Imbee was incorporated in Delaware and based in Walnut Creek, while the two music services were incorporated in California, officials said. Anderson was also sentenced to three years of supervised release. The amount of restitution he will be expected to pay will be set in a hearing on October 10.California’s earliest snow advisory in nearly 20 years could also bring month’s worth of rain
He went to his ex-girlfriend’s San Leandro home with a hidden camera to avoid ‘false accusations.’ It was still running when she killed him, police say
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