# Dallas Ugly Houses Fraud Executive Sentenced

> Former Dallas real estate executive Charles Carrier gets 188 months in prison for $40 million investor fraud scheme using fake 'We Buy Ugly Houses' brand.
- Title: Dallas Ugly Houses Fraud Executive Sentenced · Dallas Express
- Summary: Former Dallas real estate executive Charles Carrier gets 188 months in prison for $40 million investor fraud scheme using fake 'We Buy Ugly Houses' brand…
- Keywords: charles carrier, we buy ugly houses, real estate fraud, investor fraud, federal prison, texas, u.s. attorney, homevestors, restitution, wire fraud, news, politics
- Source: Dallas Express — https://dallasexpress.com/city/dallas-we-buy-ugly-houses-executive-sentenced-to-more-than-15-years-for-investor-fraud
- Author: Dallas Express
- Published: 2026-09-24T15:00:01+00:00
- Read time: 1 min
- Topics: charles carrier, we buy ugly houses, real estate fraud, investor fraud, federal prison, texas, u.s. attorney, homevestors, restitution, wire fraud, news, politics
## Fraud Scheme Unveiled
Charles Carrier, 67, orchestrated a multimillion-dollar real estate fraud targeting over 80 investors through fake 'We Buy Ugly Houses' brand.

> Financial fraud isn't just numbers on a ledger, it's a direct assault on hardworking Americans who trusted an alleged expert with their savings.
## Investor Funds Misused
Carrier redirected investor funds to cover personal expenses and paid earlier investors before selling properties.
## Court Documents Detail
From 2018 to 2024, Carrier falsely promised investors their funds would purchase and renovate homes tied to HomeVestors brand.
## Restitution Ordered
Carrier must pay nearly $25 million in restitution to investors affected by the fraud scheme.
## Federal Officials React
U.S. Attorney Ryan Raybould called the fraud a direct assault on Main Street families and retirees through a sham investment scheme.
## FBI Statement
FBI Dallas Special Agent R. Joseph Rothrock emphasized the harm investment fraud causes and urged public to research opportunities carefully.
## Key takeaway

Charles Carrier, 67, received 188 months prison term for orchestrating multimillion-dollar real estate fraud targeting over 80 investors.