4:22 PM PT -- Hutchinson is denying the allegations, and his lawyer tells us they plan to fight the charges in court.
Hutchinson's lawyer, Dan Hagood, tells TMZ ... Hutchinson knows both accusers in the California case, and one is the same accuser from his sexual assault case in Texas.
His legal team says the accuser in both the Cali and Texas cases is full of it ... claiming she's telling a "fantastical" story about being sexually assaulted while unconscious twice in consecutive months.
Hutchinson's lawyer is chalking the allegations up to a money grab.
"Marrying Millions" star Bill Hutchinson has just been charged with raping an unconscious teenager while vacationing in Southern California.
Prosecutors from the Orange County D.A's Office revealed Friday the 63-year-old real estate developer allegedly sexually assaulted two 16-year-old girls vacationing with him in the ritzy beach town of Laguna Beach.
Prosecutors say Hutchinson raped one of the teens while she was unconscious. He's accused of bringing the two 16-year-old girls on vacation on 2 different occasions in April. He's accused of raping one of the girls while she was unconscious and committing four acts of sexual battery against the girl.
What's more ... prosecutors say when the alleged victim declined to go back to Laguna Beach again, Hutchinson is accused of returning to his vacation home with the other 16-year-old girl at the end of May and committing sexual battery against her during the trip.
He's been charged with 1 felony count of rape of an unconscious person and 5 misdemeanor counts of sexual battery.
Prosecutors say, if convicted, he faces a maximum sentence of 8 years in state prison and 2 1/2 years in Orange County jail. The news comes on the heels of Hutchinson's arrest in Texas, where he's accused of assaultinga 17-year-old girl at his Highland Park home.
He turned himself in to Highland Park police earlier this week but later posted $30k bond. There's now an active arrest warrant in Orange County for Hutchinson.