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Vincennes Man Charged With Soliciting Unregistered Securities
Updated May 24, 2017 10:20 AM | Filed under: Crime
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(INDIANAPOLIS) - Jason Risley of Vincennes has been charged with soliciting unregistered securities and acting as an unregistered agent.

The Office of the Indiana Secretary of State issued a press release stating Risley, 32, was arrested after charges were filed in the Knox County Superior Court.

Risley was reported to the Indiana Secretary of State's office after he approached a man with a suspicious investment opportunity. He claimed that for a $5,000 investment, he could secure $1,600 back per month. The man shared his suspicions with the office, and after review it was discovered that neither Risley nor his investment company were registered.

"Our office sees an unfortunate number of these cases every year," said Secretary Lawson. "In this instance, we were fortunate to discover this situation before any damage was done. I would like to thank Knox County Prosecutor Dirk Carnahan, the Vincennes City Police Department, and our staff for working proactively on this case."

Risley is charged with one count of Offering an Unregistered Security as a Level 5 felony and one count of Acting as an Unregistered Agent as a Level 5 felony. He is in custody in the Knox County jail on $10,000 bond.

"Failing to register with our office is a major red flag," said Securities Commissioner Alex Glass. "Before you invest, always check with our office to make sure the security and the investment professional are registered."

Charges are merely accusations and a person is innocent unless and until proven guilty. For information on how to report suspicious activity, visit www.in.gov/sos.



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