Police say a Palm Desert businessman who pleaded guilty to taking part in a $150 million mortgage scam has hanged himself.
47-year-old Christopher Oetting was found dead in a home on Sagewood Drive in Palm Desert Tuesday, according to the Riverside County Sheriff's Deparment. He was heading to federal prison in just a few weeks.
Oetting was one of seven co-conspirators who created false companies that officials say led to more than 200 homeowners losing their homes to foreclosure.
The kingpin - James Duncan - even made a Youtube video to lure investors.
