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Last updated on Friday, April 18, 2014
(INDIANAPOLIS) - An Indianapolis man is charged with a scheme to take money from investors.
57-year-old Kevin James is charged with securities fraud, mail fraud and money laundering while acting as an investment advisor promising higher returns.
James allegedly took $186,000 dollars for cash withdrawals, Colts tickets, a country club membership, mortgage and credit card payments and private school tuition payments. He faces up to 55 years in prison.
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