Ex-securities broker named in Ponzi scheme lawsuits

FORT COLLINS – A Fort Collins man has been named in four lawsuits alleging he defrauded family trusts and individuals out of more than $3.5 million

Randall Lane Pope, 58, a former securities broker with Lakewood-based CapWest Securities, was one of several people and firms named in the suits, filed last year in Wyoming District Court.

The lawsuits allege Pope took part in Ponzi schemes that involved selling fraudulent debentures in Texas-based Striker Petroleum and Provident Royalties, companies that were charged by the Securities and Exchange Commission in 2009 with allegedly bilking thousands of investors out of more than a half-billion dollars.

The…