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But his latest troubles stemmed from a $6 million loan he sought in November 2008 to refinance the inn. Prosecutors had accused him of falsifying his income statement and tax returns in trying to secure the loan. He was also accused of not providing updated financial information in compliance with the terms of the loan. And prosecutors accused him of providing false information to an escrow company, convincing that company to advance him hundreds of thousands of dollars. In November, a jury convicted Kakkar of one count of making a misstatement to a bank and six counts of wire fraud. Santa Cruz Police seek help in unsolved hit-and-run from February >> The person responsible for hitting and killing a 26-year-old Austrian woman in the early morning hours of Feb. 6 remains at large, according to the Santa Cruz Police Department. As a result, Santa Cruz police have renewed a call to the public for any information related to the fatal hit and run incident near the intersection of Seabright Avenue and Broadway that took the life of Bianca Zipper. Zipper was found lying in the road at 2:38 a.m. No description of the vehicle that struck her exists. Zipper and her newlywed husband were traveling through Santa Cruz on vacation at the time. Anyone who may have seen this incident or has information is asked to contact Detective Damon Williams at email@example.com or 831-420-5839. An anonymous tip-line is also available at 831-420-5995. Watsonville Shooting wounds pedestrian >> A man walking along Rodriguez Street in Watsonville was shot in the stomach when a group of people in a passing SUV stopped, turned around and approached him. A young man in the vehicle asked the pedestrian where he was from and opened fire Saturday morning, according to Watsonville Police Department. The man who was shot is 38 years old, according to police logs. His injury is not life-threatening, Sgt. Brian Ridgway said. Ridgway said a Latino man no older than 20 got out of the white Suburban SUV and asked where the pedestrian was from.
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