Rochester man charged with fraud, money laundering - KXLT - Fox 47 Rochester MN News, Weather and Sports

Rochester man charged with fraud, money laundering

ROCHESTER, Minn. (FOX 47) -- A Rochester man has been charged in U.S. District Court with wire fraud and money laundering.

The charges were filed this week against 35-year-old Jason Michael Meyer.

Meyer is accused of a fraud scheme where he promised good returns on investments.

According to court documents, Meyer took money from new investors and used it to pay off old investments or for personal use.

If convicted, Meyer would have to give up property or money gained from the crimes.
  

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