SAN DIEGO (CNS) – A San Diego man who solicited millions from investors under false promises of building accessory dwelling units — or ADUs — pleaded guilty Thursday to wire fraud charges.
Ethan Joseph Sanchez told investors that his company, BSC Equity Ventures, would use loaned money to build ADUs, including at a property in La Mesa, according to a grand jury indictment unsealed last year.
According to his plea agreement, Sanchez falsely told investors that he worked with a business that actually built ADUs in San Diego…