BOISE, Idaho - A federal judge is poised to hand down the penalty to the Eagle man convicted of stealing millions of dollars from retirement accounts in his bid to enrich himself and a failed bid to buy Tamarack Resort.
Federal prosecutors are recommending more than 17 years in prison for Matthew Hutcheson, who starting in 2010 unveiled a plan to buy the cash-strapped ski and golf resort near Donnelly.
Hutcheson was convicted in April of 17 counts of wire fraud as part of a scheme to steal $5 million from two pension funds he was trusted to oversee.
Hutcheson is appearing in U.S. District Court in Boise Thursday to be sentenced in the case.
His plan to buy the resort ultimately failed and the property remains in the foreclosure process.
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