Former Fil-Am actor and Philippine team decathlete David Bunevacz was sentenced to jail for 210 months or more than 17 years in federal prison by a California court on Monday, Nov. 21.
Bunevacz, 53, of Calabasas, California, pleaded guilty to one count of securities fraud and one count of wire fraud on July 18, according to a release by the US Attorney’s Office Central District of California.Bunevacz was sentenced by United States District Judge Dale S. Fischer, who also ordered him to pay $35,267,851 in restitution for scamming investors in business entities he put up such as CB Holding Group Corp. and Caesarbrutus LLC.
He added Bunevacz even continued with his scheme while serving probation for a state court conviction. It also stated that Bunevacz told at least one investor that he had a Chinese manufacturer of disposable vape pens and had obtained “raw pesticide-free oil” that was sent to a “lab that infuses the flavors into the oil with our proprietary custom process that renders the vape flavoring smooth and discreet.”
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