April trial date set for man accused of defrauding friends PDF Print E-mail
Written by Marty Randall   
Tuesday, 06 February 2018 00:00

A trial date of April 23 has been scheduled in Scott Circuit Court for Travis Roll, 34, in a securities fraud case filed against him on January 25.

 

Roll has been charged with 13 felony counts ranging from the fraudulent sale of securities, securities fraud, sale of unregistered securities, unlawful sale of a security, selling securities while unregistered as a broker/dealer and theft.

Roll was placed under arrest on Saturday, January 27, and incarcerated locally.

Investigation of the circumstances surrounding Roll was undertaken by Kimberly Haskett, an investigator with the Securities Division of the Indiana Secretary of State’s office.

According to what Haskett said she learned, Roll owes four people who invested in crop futures with him nearly $94,000. Though $10,000 was originally invested by Roll in his E-Trade account, Haskett said most of the money he obtained from friends “…w(as) used to support Roll’s lifestyle as a high roller in Texas and Las Vegas, Nevada,” the probable cause affidavit stated. In addition, Haskett said the Indiana Securities Commissioner certified that Roll has never been registered to sell securities in Indiana.

Banking records Haskett obtained indicated that Roll made “…frequent visits to casinos…” and that Roll admitted to her that he had gambled frequently “…in an attempt to win back investor funds.”

At his initial court hearing on Monday, January 29, a preliminary not guilty plea was entered for Roll. His bail, which had been set at $60,000 full cash, was changed to $60,000 by corporate surety bond or $6,000 cash.

Conditions attached to him filing a bond and being released included that Roll surrender his passport within 24 hours of his release; be placed on pre-trial supervision by the Probation Department; and not leaving the state of Indiana unless he has the Court’s permission.

Last Updated on Tuesday, 06 February 2018 10:41