Pinocchio’s founder accused of fraud jailed
Editor’s note: This article has been updated to correct the nature of the accusation against Annie Vick.
GREELEY — Annie Vick, 63, the founder of the Pinocchio’s restaurant chain in northern Colorado who is suspected of defrauding more than $3 million from investors, has been arrested on a warrant for failing to appear at a court date last month and is being held on a $50,000 cash-only bond in the Weld County Jail.
According to the Greeley Tribune, a July 21 court date has been set for Vick, also known as Annie Margaret Velasquez.
Police say Vick, who was not licensed to sell securities, solicited money from investors starting in 2018 without disclosing the risks involved or the losses she incurred. Vick has denied the allegations, saying she never used investors’ money for anything other than investments and that her investors knew she was unlicensed and understood the risks.
Annie Vick, 63, the founder of the Pinocchio’s restaurant chain in northern Colorado who is suspected of defrauding more than $3 million from investors, has been arrested on a warrant for failing to appear at a court date last month and is being held on a $50,000 cash-only bond in the Weld County Jail.
Related Posts
-
Colorado regulators have been sued in Weld District Court by a group that alleges that…
-
A proposed class-action is targeting JBS’ meat-processing plant in Greeley, alleging inhospitable working conditions, injuries…
-
VAIL — Vail Resorts Inc. has filed an appeal of the condemnation decision in which…
-
A contractor from Aurora who was arrested Thursday and booked into Boulder County Jail is…
