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Fort Myers man accused of bilking $16 million from investors

June 7, 2011
Total Loss: $16 Million

A Fort Myers man is in federal custody, facing charges of conspiracy to commit mail and wire fraud, committing mail and wire fraud and money laundering.

James Davis Risher, who had multiple residences in Fort Myers, Captiva, and in other states, is accused of stealing about $16 million from more than 100 investors, mainly out of Lakeland.

Source: CA News Press
Posted in: ACH and Wire Fraud Money Laundering
Tags: wire fraudAMLmoney laundering