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Fraud-tied Fremont sites may be bought by affordable housing developer
FREMONT — Two Fremont web sites mired in a Bay Space genuine estate fraud case are established to be bought by an reasonably priced properties builder in a offer that could return some income to investors who federal regulators claim were bilked by the job developer. The properties are found at 42021 and 41965 Osgood Highway close to the interchange of Interstate 680 and Washington Boulevard in Fremont, in accordance to documents filed on Nov. 9 with the U.S. District Court docket. These Fremont parcels are among several properties that had been aspect of the Bay Spot true estate empire fashioned by failed developer Sanjeev Acharya and his fraud-joined enterprise…