Executives from real estate company DBSI indicted

Published April 10, 2013 11:38pm ET



BOISE, Idaho (AP) — A federal grand jury in Idaho has indicted the former president and three top executives of a failed Boise-area real estate company on charges that they misled investors and conspired to dupe them out of millions of dollars during the economic downturn.

Assistant U.S. Attorney Wendy Olson announced the indictment Wednesday against Douglas L. Swenson, who was the founder and president of DBSI Inc. and a group of other related companies.

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