AN ALBUQUERQUE MAN IS HEADED TO PRISON AFTER PLEADING GUILTY TO CHARGES OF WIRE FRAUD AND CONSPIRACY. FEDERAL PROSECUTORS SAY 47 YEAR OLD RODNEY CHAVEZ AND TWO CO-DEFENDANTS BILKED INVESTORS OUT OF MORE THAN 800-THOUSAND DOLLARS IN A MEXICAN REAL ESTATE SCHEME.
UNDER THE PLEA AGREEMENT, CHAVEZ WILL SPEND MORE THAN FIVE YEARS IN PRISON. ONE OF THE CO-DEFENDANTS, JOSHUA ELLIS, HAS YET TO BE ARRESTED…AND IS CONSIDERED A FUGITIVE.
