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.
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.
Darrin Blaine was charged with six counts of securities violations, one count of money laundering and one count of corrupt business influence after being arrested in his home Thursday