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August 7, 2009 at 9:54 am

Doug Hartmann sentenced

by Matt Kastner

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The poster-boy for real estate fraud in St. Louis has finally been sentenced. Doug Hartmann, of DHP fame, was found guilty in April of siphoning off $35 million from real estate investors over the years. You’d think this guy would get put away for a long time. Instead, he got two years in federal prison. Hopefully the civil courts are far less kind. Link


Matt Kastner is the owner/broker of Threshold Investment Properties in St. Louis, Missouri. When he isn't representing investors in the purchase or sale of multifamily properties, rehabs, foreclosures and other income producing properties, he is often taking on rehab projects himself. He lives in South St. Louis and has been in the real estate business for over four years. Email Matt


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