Daniel Chartraw Pleads Guilty to Wire Fraud
Former El Dorado County resident Daniel Chartraw has entered a guilty plea in connection with a multimillion-dollar investment fraud scheme. Court documents allege that Chartraw defrauded investors by falsely representing investments as mines, mining equipment, refinery equipment, oil commodities and precious metals concentrate. Furthermore, Chartraw used forgery letters to gain entry to investor escrow accounts.
Early Life and Education
Daniel was raised in Weymouth, Massachusetts. The vivid memories from his youth give his stories “a charge of energy.” Lowell has had an equally profound effect on him; most of his adult life has been spent there and its cobblestone streets and old brick buildings serve as sources of inspiration in much of his writing.
Chartraw used Geneva Capital Solutions, Grande Armi LLC, Geneva Prestige Global Group LLC and Geneva Partners LLC to commit investment fraud between January 2007 and November 2011, defrauding investors out of $2.8 million. His schemes were investigated by the FBI and prosecuted by Assistant U.S. Attorneys Michael D. Anderson and Kevin Khasigian; Chartraw’s 2011 Cadillac Escalade was forfeited under civil forfeiture proceedings.
From January 2007 through November 2011 Chartraw defrauded more than two dozen investors by making false representations regarding investments in precious metals concentrate, mining and refinery equipment, oil commodities and multi-million dollar certificates of deposit. Through civil forfeiture proceedings the U.S. Attorney’s Office seized and sold Chartraw’s 2011 Cadillac Escalade; proceeds of which will go directly back to his victims.
On his arrival to California on November 8th, Edds was met by Chartraw who, according to the lawsuit, represented DTEC owners. Chartraw then informed Edds that due to regulatory guidelines DTEC could not put any money up front towards purchasing BBE.
He used fraudulent documents to gain entry to escrow accounts where his investors’ funds were stored, forging letters in order to gain entry. As a result, he is currently serving four years and nine months behind bars.
Achievement and Honors
Every Canadian boy’s dream is to play in the NHL and hoist the Stanley Cup aloft – an accomplishment achieved only through hard work and talent like Rick Chartraw’s. His success as an NHLer speaks volumes of his dedication and drive as an athlete.
At the 1974 NHL entry draft, he was selected 10th overall – beating out future Hall-of-Famer defenceman Bryan Trottier and centre Mark Howe as well as players such as Danny Gare and Tiger Williams to earn this selection. It took him three years before breaking through Montreal Canadiens blueline competition.
Edds was hired ostensibly to fill “significant roles” in the management of BBE through pricing, distribution and marketing their products as well as drafting commercial agreements, representing BBE at industry events and obtaining additional capital for expansion plans. Unfortunately it later came to light that when Edds met in California in November 2019 for this appointment with Daniel Chartraw’s son Daniel Edds who had been charged with wire fraud had actually met Edds instead.
From January 2007 to November 2011, Chartraw defrauded investors out of millions in investments in mining, refinery equipment, oil commodities and precious metals concentrate. He forgeried letters to gain entry to escrow accounts before funneling the money through them directly into his personal accounts.
Edds and Peters allege in their BBE lawsuit that when they traveled to California on November 8 to meet with DTEC representatives, they weren’t met by owners but by Chartraw himself who then conducted negotiations on behalf of DTEC while pressuring Edds and Peters into accepting a “take it or leave it” agreement immediately.
Yates and Chartraw have refused to respond to our requests for comments, and the court has issued protective orders prohibiting defense counsel from sharing any discovery they receive with anyone other than their clients.
reports, his net worth is an estimated $5 Million. As a professional ice hockey player he has played for Montreal Canadiens, Los Angeles Kings, New York Rangers and Edmonton Oilers; additionally representing his nation in international competitions.
As well as serving his prison time, he must pay $2.8 million in restitution to those affected by his investment scam. This case was brought by both the U.S. Attorney’s Office and FBI. Restitution will go directly to them.
Yates, who holds a law degree from Vanderbilt University, and Gomez “representatively and individually” introduced Edds and Peters to DTEC, an entity they thought was owned by Edward Vrab, Todd Owen, Christopher Martin and Leonard Chartraw, according to the lawsuit. On Nov. 8, Edds flew out to California in an effort to meet with DTEC representatives but instead found himself met instead by Chartraw.