Press Release Date:
September 29, 2009
District Attorney Gregory D. Totten announced today that the Real Estate Fraud Prosecution Unit obtained full restitution in the amount of $220,091 on behalf of crime victim Carolyn Koenig.
On September 17, 2009, Ronald Ted Hasson (DOB 1/19/54) of Encino was sentenced on two felony counts – theft from an elder and securities fraud. At the sentencing hearing, Judge Edward Brodie ordered the court-appointed Receiver to disburse these funds to the victim, Ms. Koenig, who is 70 years of age. The funds were obtained by use of California ‘s “Freeze and Seize” law which allows prosecutors to seek court orders to liquidate assets owned or controlled by convicted criminals who have violated the aggravated white collar crime enhancement.