Tiny home builder accused of fraud by customers is under police investigation
Matt Sowash, founder of the Colorado-based nonprofit Holy Ground Tiny Houses, has also filed for bankruptcy.
DENVER — The businessman accused of swindling people out of their life savings by promising to build them tiny homes and not delivering is now the target of a police investigation.
Matt Sowash, founder of the Colorado-based nonprofit Holy Ground Tiny Houses, has also
filed for bankruptcy, court records revealed Wednesday.
A convicted felon who previously served two years in prison for bilking investors in unrelated ventures, Sowash made the move to protect his assets just a month after he suggested in an
interview with NBC News that he might not declare bankruptcy “because I can’t sit back and watch all those people lose homes.”
But Sowash sang a different tune in an Oct. 7 bankruptcy filing in Denver and in an Oct. 14 update that he sent to his customers.
“This has really been a week of change,” Sowash wrote. “I first want to apologize for this situation. Unfortunately, filing for Chapter 11 is the only way I can make sure the business is safe and that we can live up to our obligation of making sure everyone gets their money back.”
Sowash’s activities have also drawn the attention of the Englewood Police Department in Colorado, which confirmed it is investigating the allegations against him and his nonprofit.
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