Tucson, Arizona - On August 10, 2016, a federal grand jury in Tucson returned a 17-count indictment against Peter Cash Doye, 40, of San Diego, California for violations of wire fraud, conspiracy to commit wire fraud, and conspiracy to commit money laundering statutes.
The indictment alleges that Doye, as senior managing director of Variant Holding Company, a real estate development firm with offices in San Diego and Tucson, participated in a scheme to fraudulently divert millions of dollars of renovation loan money and profits from asset sales to himself and his co-conspirators. Co-conspirators Courtland Gettel, CEO of Variant Holding Company, and attorney Jeffrey Greenberg have previously pleaded guilty to their conduct in the scheme. Doye has been summoned to answer these charges on August 26, 2016 in U.S. District Court, District of Arizona, Tucson.
If anyone has information regarding these allegations against Peter Cash Doye, please contact the Phoenix FBI Field Office at (623) 466-1999.
An indictment is simply a method by which a person is charged with criminal activity and raises no inference of guilt. An individual is presumed innocent until competent evidence is presented to a jury that establishes guilt beyond a reasonable doubt.
The investigation preceding the indictment was conducted by the Phoenix Division, Tucson Resident Agency of the Federal Bureau of Investigation and the Tucson Office of the Internal Revenue Service-Criminal Investigation. The prosecution is being handled by Michael Jette, Assistant U.S. Attorney, District of Arizona, Tucson.