May 1, 2026 3:15 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

Man pleads guilty to $5 million Arizona real estate fraud scheme

real estate fraud

By Jeff German | Las Vegas Review-Journal

real estate fraudA Southern California man pleaded guilty Tuesday in a $5 million investment fraud scheme involving real estate projects in Lake Havasu City, Ariz., and Kingman, Ariz.

Michael John Bowen, 61, entered guilty pleas in federal court in Santa Ana, Calif., to one count of tax fraud and one count of mail fraud, the Internal Revenue Service announced.

He faces a maximum of 23 years in prison at his Feb. 21 sentencing.

Between 2003 and 2009, Bowen used his development companies to solicit more than $28 million in securities, membership interests and stocks from investors in the Arizona development projects, according to his plea agreement.

Bowen admitted pocketing roughly $5 million.

Continued:

 

 

 

 

Share this!

Additional Articles

Meet the No. 1 builder: D.R. Horton

April 30, 2026

(Disclosure: Rose Law Group represents D.R. Horton.) By Vincent Salandro | Builder As the nation’s largest builder, D.R. Horton continues to lean into its scale and discipline to navigate the market.

Read More »
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Arizona one of the top states for data centers

April 29, 2026

By Jeremy Duda | Axios The big picture: A recent Pew Research Center analysis shows that as of February, Arizona had more data centers operational or planned than most other states. By the numbers: Arizona has 98 data centers currently operating — placing it

Read More »

Supervisor Miller joins state water board

April 29, 2026

By Noah Cullen | Pinal Central Pinal County Supervisor Steve Miller, a longtime water advocate, has been appointed to the statewide board focused on maintaining water infrastructure, Water Infrastructure Finance Authority of Arizona. Throughout his time on

Read More »

STV seeks MAG membership

April 29, 2026

By Justin Matthews | Pinal Post Key Points SAN TAN VALLEY, AZ — San Tan Valley Town Council voted on April 15 to seek membership in the Maricopa Association

Read More »