Suspect arrested in Yuma for defrauding victim out of nearly $800k

Victim loses thousands of dollars to fraud

YUMA, Ariz. (KYMA, KECY) - Yuma County Sheriff's Office says a suspect has been caught who allegedly defrauded a victim out of about $775,000.

The suspect is said to have been involved with a cash and crypto currency incident with false promises of a business start-up, and used the funds for luxury items such as an exotic vehicle.

On Thursday, April 28, investigators from local agencies used a warrant to search through the suspect's home and business, which lead to the suspect's arrest.

The suspect was booked for Fraudulent Schemes, Theft and Money Laundering.

Anyone with information regarding this case is encouraged to contact the Yuma County Sheriff’s Office at 928-783-4427 or 78-CRIME to remain anonymous.