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Ex-El Dorado County resident convicted in $1M investor scam

Ex-El Dorado County resident convicted in $1M investor scam

In the courts: Gavel silhouette

After an eight-day trial, a former El Dorado County resident was found guilty Thursday in a federal case regarding a series of fraudulent schemes.

Amid the nearly $1 million scandal, Daniel Chartraw, formerly of South Lake Tahoe, was accused of controlling companies, including Crypto-Pal LLC. Prosecutors from the U.S. Attorney’s Office for the Eastern District of California said he and other individuals acting on his behalf represented Crypto-Pal to investors as a cryptocurrency trading company with guaranteed high returns andno risk.

Chartraw, 53, worked with investors via phone calls, text,…

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