New Palestine man charged in $1.2M investment fraud scheme

By Lydia Gerike of the Indianapolis Star A New Palestine man has been charged in the alleged theft of $1.2 million through investment fraud. Bruce Wayne Ford, 47, faces 11 counts of securities fraud, wire fraud and money laundering, according to a release from Josh Minkler, U.S. Attorney for the Southern District of Indiana. Ford was arrested Sept. 11. Court documents said Ford offered financial advising services through his Greenfield-based Ford Financial and Insurance Services, but neither he nor the company were properly registered to provide those services. “If one investor had checked his registration, his entire scheme would have crumbled," Secretary of State Connie Lawson said in the release. "I encourage...

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