Home Loans and Support

Man From Tennessee Arrested for Multiple Counts of Fraud

(Source FBI) -- Brian Keith Miller of Maryville, Tennessee, appeared before the Honorable C. Clifford Shirley, Jr., U.S. Magistrate Judge, in U.S. District Court in Knoxville, on March 26, 2012, subsequent to his arrest by agents of the Internal Revenue Service-Criminal Investigation Division and Federal Bureau of Investigation on charges involving wire fraud, money laundering, and filing false federal income tax returns. Miller was released on bond following his initial appearance.

The arrest stems from a March 20, 2012 indictment that charges that from April 2007 through March 2010 Miller, a former registered securities broker, executed a Ponzi scheme to defraud investors by making fraudulent misrepresentations concerning purported investment opportunities that Miller offered local victims. Rather than investing the victims’ funds as promised, the indictment charges that Miller misappropriated investment funds to his own use and used a portion of the victims’ funds to pay other victims to lull them into believing that they were receiving payments on their investments. The indictment also charges that Miller knowingly engaged in monetary transactions greater than $10,000 with the proceeds of the fraud scheme and filed false federal income tax returns for 2007 and 2008.

Members of the public are reminded that these are only charges, and that every person is presumed innocent until his or her guilt has been proven beyond a reasonable doubt.

Source FBI

Share This!

About Alex Ferreras

LoanSafe.org is America's #1 consumer mortgage forum with over 32,000 members. Get the latest news, information and tips from an online community you can trust.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


"Hello Moe, I just wanted to tell you, your website has saved my life (literally), I stumbled on your site in the middle of losing my home, I was able to network with people going through the same thing as I am. I didn't feel alone anymore, I have tried to give back and counsel those that haven't walked in my shoes yet. We hear so much about what is wrong with America, I just wanted you to know, you are whats "right" with America."

Nina Mitchell
Loansafe & MoeSeo Inc. © 2014 | LoanSafe.org is not a bank, lender, mortgage broker, law firm or affiliated with the US Government. Privacy Policy