Former 'Shark Tank' contestant admits to defrauding, inappropriately touching multiple women

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Former 'Shark Tank' contestant admits to defrauding, inappropriately touching multiple women
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A Utah County entrepreneur and former 'Shark Tank' contestant admitted in 4th District Court to misleading multiple women to invest in his business and sexual battery.

PROVO — An Orem entrepreneur who appeared on "Shark Tank" has admitted to fraud and sexual battery, responding to charges claiming he defrauded multiple women he was romantically involved with and inappropriately touching women.

Holzapfel caused the woman he was dating to lose her home, which was built specifically to accommodate her disabled son, according to charging documents. He convinced her to transfer money in her home to Save My House LLC — a company he claimed would protect the equity in her home.

The plea statement said Holzapfel can withdraw his plea if the judge does not follow the terms the attorneys agreed upon.

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