Fraud-tied San Jose site is bought through a real estate foreclosure
https://www.siliconvalley.com/2023/09/12/san-jose-real-estate-fraud-home-housing-build-buy-sell-foreclose-crime/
SAN JOSE — A San Jose site where a big mixed-use housing complex was proposed but never built in the aftermath of a real estate fraud case has been foreclosed and bought.
The parcels that have just been bought through a foreclosure proceeding were just a section of a San Jose property where Silicon Sage Builders and the company’s principal executive Sanjeev Acharya had proposed nearly 800 homes along with restaurants and shops.