June 15, 2024

Charles “Todd” Hill, known for his role on the HGTV series Flip It to Win It, has been condemned to prison in California for engaging in property and financial deceit affecting 11 unsuspecting victims, as reported by prosecutors.

“The key idea of the show was his purchase of run-down properties, their refurbishment, and subsequent selling for a profit. However, he misappropriated millions on excessive remodels, laundered proceeds, and pocketed millions in fraudulently acquired quotes,” stated the Santa Clara County District Attorney’s Office.

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Last week, a judge sentenced the 58-year-old Hill to a four-year jail term and nearly $10 million in restitution for victims.

In the previous year, Hill was found guilty of multiple fraudulent strategies, including schemes executed long before the show’s commencement, as explained by prosecutors.

“The evidence demonstrated Hill’s extravagant lifestyle funded by the laundered money, including a rented apartment in San Francisco, plush hotels, vacations, and expensive vehicles,” said the DA’s office.

Prosecutors accused Hill of creating a Ponzi scheme, exploiting investors’ funds earmarked for property purchases to fund his luxurious lifestyle. He fabricated false financial statements and secured loans based on deceitful information, trying to mask his fraudulent activities.

One investor allegedly discovered a burnt property which was supposed to have been refurbished after providing Hill $250,000 for its renovation.

“The vast wealth circulating in Silicon Valley real estate attracts many for business opportunities,” said District Attorney Jeff Rosen. “Nevertheless, others see it as an avenue for criminal activities – and we will ensure such individuals face full accountability.”

Authorities indicted Hill in November 2019. On September 27, 2023, he was found guilty of grand theft against all victims and confessed to aggravated white-collar crime enhancements. As a result, Hill was mandated to repay restitution amounting to $9.4 million.

The show “Flip It to Win It” aired only one season on HGTV in 2014. Renovator teams competed in flipping properties around Silicon Valley.

Hill was part of a two-person team on the show, with which he secured the “largest profit” from their flipping project—reportedly a profit of $134,000.

A Santa Clara County judge ordered Hill to report to prison on April 16, without delay.

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