Local News

Charges Keep Adding Up Against Fayetteville Businessman

Posted July 28, 2004 10:00 a.m. EDT

— A Fayetteville businessman accused of bilking senior citizens of millions of dollars faces more charges.

A grand jury indicted Anthony Allen on 32 charges Tuesday.

Allen faces more than 100 different charges. His bail is set at nearly $33 million.

Investigators say Allen, a former insurance agent, tricked senior citizens into giving him money by promising to invest it for them.