Former president, CEO of Anaheim Chamber of Commerce faces federal cost of mendacity to a mortgage lender


The previous president and CEO of the Anaheim Chamber of Commerce has been charged with mendacity to a mortgage lender whereas looking for a mortgage for a $1.5 million house in Massive Bear Metropolis.In a 99-page prison criticism, 57-year-old Todd Ament of Orange was charged with making false statements in late 2020 to a monetary establishment whereas looking for funding to buy a five-bedroom house within the San Bernardino Mountains, in response to the U.S. Lawyer’s Workplace. In a scheme devised with an unnamed political marketing consultant, Ament laundered $205,000 supposed for the chamber by a PR agency and into Ament’s checking account so it might appear to be he had sufficient money available to safe the house mortgage, in response to an affidavit filed in help of the prison criticism. Prosecutors say Ament used a few of these funds as a down cost and to make an out-of-escrow, $200,000 cost to the vendor in an obvious effort to decrease the sale value of the home and cut back its property taxes, and the fee to the vendor’s actual property agent.Prosecutors say Ament and the political marketing consultant have been a part of a “household” or “cabal” made up of Anaheim public officers, consultants, and enterprise leaders that frequently met at “retreats” to exert affect over town’s authorities operations. The San Bernardino mountains house buy wasn’t the primary time the 2 labored collectively, in response to prosecutors — the pair additionally allegedly devised a scheme to defraud a hashish firm that had retained the political marketing consultant to foyer for favorable cannabis-related laws in Anaheim. Not less than $31,000 of $225,000 paid to the chamber by the hashish firm, which believed it might get entry to a activity drive that crafted such laws, went on to Ament with out the information of the shopper, federal prosecutors mentioned.Ament, who faces a statutory most sentence of 30 years in federal jail if convicted as charged, is predicted to look in federal courtroom Tuesday. 

The fees in opposition to Ament come only a day after the state Lawyer Basic’s workplace requested a listening to to droop a settlement on the Angel Stadium deal in Anaheim on account of an ongoing FBI corruption probe involving Mayor Harry Sidhu.


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