Click Here

Mooresville man accused of investment fraud

Posted: Jan 8, 2009

Raleigh, N.C. — The North Carolina Secretary of State's Office is investigating a Mooresville man for possible investment fraud.

Shelby Dean Martin, 70, is accused of acting as a securities broker when he is not registered in the state to sell securities, according to court documents.

Martin, who operates several entities that include D. Martin Enterprises, is accused of losing hundreds of thousands of dollars from at least six people in Iredell County who invested with him, documents show.

The Secretary of State’s Office used search warrants on Tuesday to obtain Martin’s bank records.

Copyright 2009 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Share

1 Comment


Golo

Welcome to GOLO, where WRAL.com visitors can comment on stories and create profile pages, blogs and photo galleries.

You must be a registered WRAL.com user to use these tools. Click here to register or log in.

View Comments View Comments

Photo Spotlight
0
1
2
3
4
5
[+] more photos | submit your photos
Out & About - Featured Picks
Find more to do
Multimedia
  1. 2009christmasparade
    Bands, marchers in holiday parade

    Choose your group to watch their performance in the 2009 WRAL-TV Raleigh Christmas Parade.

  2. 2009christmasparade26
    Web only: Complete 2009 WRAL-TV Raleigh Christmas Parade

    Watch the parade in its entirety from the comfort of your computer any time.

  3. taxes
    Search for missing IRS refunds

    The Internal Revenue Service released the names this week of more than 100,000 taxpayers who have not received their 2009 income tax refund.

  4. County Unemployment Rates
    North Carolina unemployment rates

    View an interactive map with county unemployment numbers.

  5. Drought Map
    A year of N.C. Drought Maps

    View a time lapse animation of drought conditions during the last year.

advertisement