Denver man defrauded dozens — including pro athletes in Colorado — through investment scheme, feds allege

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The two federal complaints portray Ian Bell as an unemployed, unsuccessful trader who manipulated investors in order to keep money coming in even as he rapidly lost it.

In this Jan. 3, 2020, file photo, the Wall Street street sign is framed by American flags flying outside the New York Stock Exchange in New York. A Denver man is accused of mishandling $1.3 million in investments from more than two dozen people — including professional athletes in Colorado — through a fraudulent scheme that spanned three years, according to federal authorities.

“Ultimately, Bell lost all the investor money that he traded,” the SEC’s 42-page complaint reads. “In many cases, Bell lost investor money within days of receiving it.”Colorado shows a highly educated population isn’t a safeguard against falling victim to fraud Property owners tied to Colorado group that fenced off public land failed to pay taxes on the acreage they do own

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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