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San Antonio Woman Pleads Guilty to $1.6 Million Fraud Scheme

San Antonio Woman Pleads Guilty to $1.6 Million Fraud Scheme

San Antonio Woman Pleads Guilty to $1.6 Million Fraud Scheme 150 150 Rex Securities Law

Lea Ann Blystone, of Boerne, TX, pleaded guilty to wire fraud and agreed to forfeit real and personal property. Blystone was the owner and managing partner of HipDingo stores in San Antonio, Boerne and Fredericksburg,  former marketing director for Rinco of Texas, a land development company and Rockin’J Ranch.

According to the FBI press release, Blystone caused Rinco and Rockin’J to fraudulently pay her ex-husband Michael J. Webb, Karen Lindsay and Cheryl Hartsfield for staffing promotional displays. Webb, Lindsay and Hartsfield have each pleaded guilty to wire fraud and are awaiting sentencing. Blystone faces up to 20 years in federal prison.

Rex Securities Law provides nationwide representation to investors seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.  Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Rex Securities Law

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