An East Texas Man Allegedly Used Fake Business Ties and Stolen Valor to Defraud Investors

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It appeared that Derek Robert Hamm was reaping the rewards of his service to the country. But his background was largely fictitious, the feds say.

The investigation into Derek Hamm is part of Project Safe Neighborhoods, which is meant to reduce gun and gang violence and deter illegal possession of guns.It appeared that Derek Robert Hamm was reaping the rewards of his service to the country. Encouraged by Hamm's resume – a veteran of the Army Special Forces and a Purple Heart recipient, among other highly respected accolades – investors forked over funds.

Hamm portrayed himself as a former member of the Army Special Forces who served multiple tours of duty in Iraq, Afghanistan and other countries. He also claimed to be a recipient of a Purple Heart, a Silver Star, and a Bronze Star for his service. On top of it all, he’s a felon and was in possession of firearms and ammunition. Added all up, the charges could send Hamm to federal prison for up to two decades if he’s convicted.

On one LinkedIn page for a D. Wayne H., he claims to be a Purple Heart, Silver Star and Bronze Star recipient who served in the Army Special Forces. On the page, he claims to be the CEO at a company called CEO to Go, which supposedly specializes in gas and oil drilling. “We currently own and operate 16,000 plus oil wells in seven state with massive success,” the page says.

 

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