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Kelly Gearhart, a former real estate developer and Atascadero Citizen of the Year, accepted a plea agreement with prosecutors Wednesday morning and pleaded guilty to two counts of wire fraud and one count of money laundering. He was charged with scamming investors out of up to $20 million. Read more: http://www.sanluisobispo.com/2014/05/14/3065202/kelly-gearhart-ex-atascadero-developer.html
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