The Preserve at Rising Fawn, Ga.
Two men who sold plots of land in a $45 million Dade County, Ga., real estate development deal face decades in prison after their convictions Tuesday for conspiracy, wire fraud and money laundering.
A jury found Marion County, Tenn., residents Joshua Dobson, 35, and Paul Gott III, 40, guilty on seven of 12 counts against them.
The pair face an Aug. 8 sentencing hearing. The fraud and money laundering charges carry a maximum prison sentence of 20 years each.
Attorneys for both sides in the case declined to comment or did not return calls for comment Tuesday.
Dobson was one of the three heads of Southern Group, a real estate sales and development company that sold lots at the 2,500-acre area known as The Preserve near Rising Fawn, Ga.