According to a complaint, Darrin Blaine presented himself to investors as a seller of securities, despite not being registered with the state’s Securities Division. He allegedly obtained $680,000 from investors and used the funds for his personal lifestyle expenses.
A Hamilton County judge has granted the state’s motion for an emergency temporary restraining order against a Fishers attorney who allegedly defrauded people in a Ponzi scheme related to securities.
The office of Indiana Attorney General Todd Rokita announced Monday that a temporary restraining order and a receiver for assets has been appointed in relation to claims that a Fishers man defrauded multiple Indiana residents of thousands of dollars.
Fishers financier charged with securities violations, money laundering – Inside INdiana Business insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.
Darrin Blaine of Fishers has been charged with multiple felony counts for his alleged involvement in a fraud scheme that resulted in eight investors losing about $680,000, Indiana Secretary of State Diego Morales announced Friday.