|
Previously Indicted Broker Faces New Charges
|
|
(May 10, 2010 - Monday) - The Harris County District Attorney’s Office has announced that a mortgage broker who is already under indictment on theft and money laundering allegations will be facing additional charges for his alleged role in another half a million dollar financial scam.
According to the Houston Chronicle story, the accused, Kevin Kent, told his customers that he could secure them financing to buy multi-million dollar businesses. Kent requested that his clients provide “good faith” payments to him that he claimed would go into an escrow account. In all Kent collect about $1.4 million from his clients, but rather than placing the money in the escrow account he chose to spend the money resulting in his original indictment.
The new charge claims that in June of 2009 Kent offered to arrange finance deals for business investors, including fabricated documents if they too would contribute funds that were to go into an escrow account. By the time of his arrest Kent had defrauded investors of some $500,000.
Investigators would like to speak to anyone who may have done business with Kent personally or through his firm OMC Capital. If you have business with Kent you should contact the Harris County District Attorney’s Office financial crimes division at 713-755-8333.
If you have defrauded by a dishonest broker the investment fraud attorneys at the Hayes Law Firm can help. Please contact us today for a free consultation with an experienced investment fraud lawyer.
|
