Littleton man indicted for fraud, money laundering
Littleton businessman Peter Vincent Capra was indicted by a federal grand jury in Denver last week for wire fraud, mail fraud, and money laundering. He had previously been charged with obstruction of justice.
Capra, 55, was the president of Golden Design Group, which built and sold houses in the metro area. He was also the registered agent for Distinctive Mortgages, which used Golden Design’s office space and provided mortgages for some of the firm’s home purchasers.
As part of the fraud, prosecutors said Capra created Cambridge Real Estate Consulting and Chateau Real Estate Investments. Although publicly filed paperwork suggested these were independent entities, Capra and his associate led all activities and controlled their bank accounts.
Between 2005 and 2008,