Local News

Bail For Fayetteville Businessman Set At More Than $20 Million

Posted June 9, 2004 10:38 a.m. EDT

— A Fayetteville businessman's bail is now over $20 million.

Anthony Allen is accused of bilking senior citizens out of their life savings. So far, he is charged with conning almost 60 retirees out of a combined $11 million.

Prosecutors continue to bring charges as they find other alleged victims.

Allen's bail is now set at $24.3 million. He has been behind bars since October.