U.S. Attorney's Office - District of Oregon release - PORTLAND, Ore.—A Eugene, Oregon man pleaded guilty today to wire fraud.  David Paul Williams, 46, pleaded guilty to defrauding several Newport, Oregon, property owners, announced U.S. Attorney Scott E. Bradford for the District of Oregon.  According to court documents, Williams defrauded the owners of vacant lots in Newport through his companies TreeNada Co and Treenada Construction.  In November 2020, Williams entered into agreements with owners of vacant lots in Newport to build townhomes on their lots. Between 2020 and 2022, Williams was paid over $850,000 by the owners to build the townhomes, which were never built. Williams sent email updates to owners with progress on the project that were false and misled the victims to elicit additional money. Williams instead used the fraudulently obtained funds to pay for other projects, to pay a church he had previously defrauded, and for other pre-existing debt. The total loss to investors caused by Williams exceeded $850,000.  On June 20, 2024, a federal grand jury in Eugene returned a 10-count indictment charging Williams with wire fraud.  Williams faces a maximum sentence of 20 years in prison, a $250,000 fine and three years of supervised release.  He is scheduled to be sentenced on December 22, 2026, before a U.S. district court judge.  As part of the plea agreement, Williams has agreed to pay restitution in full to the victims.  FBI is investigating the case. Assistant U.S. Attorneys Katherine Rykken is prosecuting the case.