Founder of ADU company accused of fraud files for bankruptcy protection from creditors

Founder of ADU company accused of fraud files for bankruptcy protection from creditors

The man who claimed to be disrupting the backyard housing industry — securing financing, permits and building granny flats across San Diego County, before collecting millions of dollars without doing the work — is now seeking federal protection from his many creditors. Jose Frausto, the founder and chief executive of Multitaskr and many of its satellite companies, has filed for personal bankruptcy months after the company was sued by scores of d…

Founder of California ADU company accused of fraud files for bankruptcy protection from creditors

The man who claimed to be disrupting the backyard housing industry — securing financing, permits and building granny flats across San Diego County, before collecting millions of dollars without doing the work — is now seeking federal protection from his many creditors. Jose Frausto, the founder and chief executive of Multitaskr and many of its satellite companies, has filed for personal bankruptcy months after the company was sued by scores of d…