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Minnesota man sentenced to 8 years in prison for house flipping scheme

Published 03/07/2012

Prosecutors say 47-year-old Robert Dufresne solicited investors in Minnesota and other states in a plan to buy, remodel and resell residential properties between 2005 and 2008. Instead of turning over the profits to investors, officials say he used the money personally and counted on new sources of cash to pay off earlier investors.

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