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Donald H Williams

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BUSINESS
May 12, 1993 | SUSAN CHRISTIAN, TIMES STAFF WRITER
Donald H. Williams Jr., president of a company that raised $90 million from the public before filing for bankruptcy in March, had to answer to investors Tuesday at a meeting of creditors. And their questions were not friendly. "Why did you continue soliciting funds right up to the brink of insolvency?" one man demanded. Williams claimed that he had "a number of promising things going on" shortly before his company filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code.
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BUSINESS
May 9, 1998 | DAVAN MAHARAJ, TIMES STAFF WRITER
Donald Hill Williams Jr., the real estate developer who operated one of the state's largest Ponzi schemes targeting elderly investors, agreed Friday to plead guilty to 11 counts of investment fraud. He faces about three years in federal prison. Williams also promised to repay $30.5 million to 2,500 investors of his now-defunct Anaheim Hills firm, according to a plea agreement with federal prosecutors. The agreement, filed in U.S.
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BUSINESS
May 11, 1993 | SUSAN CHRISTIAN, TIMES STAFF WRITER
Donald H. Williams, who has made himself scarce for the past few months, appeared at a bankruptcy proceeding Monday to answer questions fired at him by creditors of his real estate development company. But even in person, Williams maintained an elusive air, saying again and again that he either didn't know or couldn't remember specifics of various financial transactions. Repeatedly, Williams deflected inquiries to other Hill Williams Development Corp. officers--most frequently, Charles R.
BUSINESS
March 8, 1995 | Times Staff and Wire Reports
Investors Win Case Against Hill Williams: A U.S. Bankruptcy Court judge ordered former real estate developer Donald Hill Williams to pay $20 million to the investors, who lost about $90 million in the now defunct Hill Williams Development Corp. of Anaheim. Judge John E. Ryan's decision settled a lawsuit filed by about 900 mostly elderly plaintiffs who said Williams defrauded them in land investment schemes.
BUSINESS
March 8, 1995 | CHRIS WOODYARD, TIMES STAFF WRITER
A U.S. Bankruptcy Court judge Tuesday ordered former Anaheim real estate developer Donald Hill Williams to pay $20 million to investors in a fraud-riddled scheme that preyed on the elderly. Judge John E. Ryan castigated Williams for bilking investors in his Hill Williams Development Corp. of $90 million through land investment schemes. "He preyed on those least able to recover from financial disaster," Ryan said.
BUSINESS
March 8, 1995 | Times Staff and Wire Reports
Investors Win Case Against Hill Williams: A U.S. Bankruptcy Court judge ordered former real estate developer Donald Hill Williams to pay $20 million to the investors, who lost about $90 million in the now defunct Hill Williams Development Corp. of Anaheim. Judge John E. Ryan's decision settled a lawsuit filed by about 900 mostly elderly plaintiffs who said Williams defrauded them in land investment schemes.
BUSINESS
May 9, 1998 | DAVAN MAHARAJ, TIMES STAFF WRITER
Donald Hill Williams Jr., the real estate developer who operated one of the state's largest Ponzi schemes targeting elderly investors, agreed Friday to plead guilty to 11 counts of investment fraud. He faces about three years in federal prison. Williams also promised to repay $30.5 million to 2,500 investors of his now-defunct Anaheim Hills firm, according to a plea agreement with federal prosecutors. The agreement, filed in U.S.
BUSINESS
August 18, 1998 | Times Wire Services
As agreed when he pleaded guilty in May, developer Donald H. Williams Jr. was sentenced Monday to three years in prison and ordered to repay $30.5 million to investors, many of whom were retirees who gave up nest eggs for promises of 15% annual returns. Williams, 50, of Lake Forest, turned Hill Williams Income Funds into one of the state's biggest Ponzi schemes targeted at elderly investors. Assistant U.S. Atty. John Hueston said Williams agreed to repay 2,500 investors the $30.5 million.
BUSINESS
October 18, 1990 | ANNE MICHAUD, TIMES STAFF WRITER
Hoping to fill a gap in construction lending as Southern California's real estate market slows, developer Donald H. Williams Jr. is trying to raise money to finance construction of low-cost homes. Williams, of Anaheim Hills, has filed a preliminary prospectus with the Securities and Exchange Commission seeking approval to sell 400,000 limited partnerships to raise up to $200 million under the name Hill Williams Secured Income Fund.
BUSINESS
May 29, 1986
Bethlehem Steel Corp. on Wednesday appointed President and Chief Executive Walter F. Williams to replace retiring Chairman Donald H. Trautlein. Williams, 57, will retain his present titles and duties when he becomes chairman June 1, the day after Trautlein, 59, retires. Gary Graham, spokesman for the Bethlehem, Pa.-based company, said the action was taken at a board meeting in New York.
BUSINESS
March 8, 1995 | CHRIS WOODYARD, TIMES STAFF WRITER
A U.S. Bankruptcy Court judge Tuesday ordered former Anaheim real estate developer Donald Hill Williams to pay $20 million to investors in a fraud-riddled scheme that preyed on the elderly. Judge John E. Ryan castigated Williams for bilking investors in his Hill Williams Development Corp. of $90 million through land investment schemes. "He preyed on those least able to recover from financial disaster," Ryan said.
BUSINESS
May 12, 1993 | SUSAN CHRISTIAN, TIMES STAFF WRITER
Donald H. Williams Jr., president of a company that raised $90 million from the public before filing for bankruptcy in March, had to answer to investors Tuesday at a meeting of creditors. And their questions were not friendly. "Why did you continue soliciting funds right up to the brink of insolvency?" one man demanded. Williams claimed that he had "a number of promising things going on" shortly before his company filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code.
BUSINESS
May 11, 1993 | SUSAN CHRISTIAN, TIMES STAFF WRITER
Donald H. Williams, who has made himself scarce for the past few months, appeared at a bankruptcy proceeding Monday to answer questions fired at him by creditors of his real estate development company. But even in person, Williams maintained an elusive air, saying again and again that he either didn't know or couldn't remember specifics of various financial transactions. Repeatedly, Williams deflected inquiries to other Hill Williams Development Corp. officers--most frequently, Charles R.
BUSINESS
May 1, 1993 | SUSAN CHRISTIAN, TIMES STAFF WRITER
Trustees for Hill Williams Development Corp. and its fund-raising partnerships met Friday in U.S. Bankruptcy Court to present an update on the cases. But their "status conference" generated more questions than it answered. From 1989 through 1992, Anaheim Hills home builder Hill Williams raised $90 million from about 5,000 investors by offering a 15% annual rate of return on the money, which allegedly would be used to develop real estate.
BUSINESS
March 2, 1993 | SUSAN CHRISTIAN, TIMES STAFF WRITER
Hill Williams Development Corp., the Anaheim Hills home builder that for three years solicited investments in partnerships to build moderately priced houses, has filed for liquidation under Chapter 7 of the federal bankruptcy code. "We have taken possession of all the records of the income funds, and we're trying to get a handle on what the operation of the funds was all about," said Ronald Rus, attorney for the court-appointed trustee for the estate.
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