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Transcripts For KGO ABC7 News 400PM 20240714

Henderson diverted the pone to buy the historic Tribune Tower in oakland. The i magnum building and other properties, businesses and restaurants. All of these representations all of these promises were made in the course of this scheme and those promises were not kept. According to the indictment, henderson liedo investors and the government for years. Providing paperwork and Business Plans that seemed legit from 2011 to 2017. I asked the u. S. Attorney how it was able to go on for so long. One of the ways in which this scheme was being hidden was the diversion of money raised from later investors. To cover over the losses that were being suffered by earlier investors. So now henderson is facing charges of conspiracy and wire fraud. He pleaded not guiltyoday in court and released on a 250,000 bond. His next court date is october 1st. Kumasi aaron, abc7 news. We know about hend ....

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