{
  "id": 17788004,
  "title": "California accountant jailed as $8.2m for backyard homes lost in trading",
  "url": "https://urgent.news/2026/11/02/california-accountant-jailed-as-8-2m-for-backyard-homes-lost-in",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-11-02T11:26:08.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/world/us/a-california-accountant-told-investors-their-money-would-fund-backyard-homes-but-no-homes-were-built-and-more-than-8-2-million-vanished-in-risky-trading-he-has-now-been-sentenced-to-63-months-in-prison/articleshow/135450352.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "A California accountant has been sentenced to 63 months in prison for defrauding investors of more than $8.2 million through fake real estate projects. Ethan Joseph Sanchez promised to use their money to build backyard homes but instead lost it through risky day trading. A federal judge also ordered him to forfeit over $8.2 million and pay restitution to victims.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}