An indictment was unsealed Friday
charging William Kevin Kelly, 58, of Ocean City, New Jersey, with wire fraud
and money laundering, announced United States Attorney Zane David Memeger. The
indictment arises from Kelly’s victimizing clients and investors through
promised real estate deals in the Lancaster area. Through businesses such as
Homelynx, Bantry Property Solutions, Multi County Properties, and For Sale by
Seller Plus, which he owned and operated, Kelly—who had his real estate license
revoked—promised clients and investors quick returns or results on their funds.
After the victims turned over their funds, Kelly would take their money, spend
it for personal purposes, string them along with various excuses, and provide
them with checks that bounced. As a result of his scheme, Kelly has victimized
at least 21 clients of over $718,700.
If convicted, the defendant faces a
maximum sentence of 460 years’ imprisonment, a three-year term of supervised
release, a $7 million fine, and a $2,300 special assessment.
The case was investigated by the Federal
Bureau of Investigation, the Elizabethtown Borough Police Department, and is
being prosecuted by Assistant United States Attorney Alexander T.H. Nguyen.
An indictment or information is an
accusation. A defendant is presumed innocent unless and until proven guilty.
Anyone with information about the
defendant is encouraged to contact the Federal Bureau of Investigation’s
Harrisburg Resident Agency at (717) 232-8686.
Posts
No comments:
Post a Comment