A judge sentenced Robert Christensen and Anthony M. Christensen, owners of a Tigard-based real estate investment business, to federal prison terms exceeding a prosecutor's recommendations for bilking investors out of $18 million. The judge found that Christensen played a greater role in misleading investors than Matic, but Matic still lied to investors about their money. The men claimed they would use investors’ money to buy and renovate undervalued residential properties in the Midwest and rent out and refinance the homes to increase their values. They also used the money for personal expenses and entertainment. Approximately 40 victims were identified. Christensen and Matic each pleaded guilty to two counts of conspiracy to commit wire fraud, one for defrauding investors and the other for frauding commercial lenders.