ARCHIVED  April 27, 2007

Windsor man indicted on fraud charges

The search is on for a former Windsor businessman accused of theft and securities fraud who has left the area for parts unknown, leaving behind dealings that could involve a failed factoring company that lost about $20 million from hundreds of local investors.

The Weld County Grand Jury indicted Darin DeVoe on March 10 on 11 counts of securities fraud and theft. The Weld County District Attorney’s office officially filed the charges on April 11.

The indictment alleges that between September 2001 and October 2005 DeVoe gathered funds from 19 investors or investor groups, issuing at least 63 promissory notes, for supposed…

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