DEL.ICIO.USMan who defrauded DeKalb church gets 10 years
The Atlanta Journal-Constitution
Thursday, July 02, 2009
A man who bilked a DeKalb County church and other investors out of about $450,000 has been convicted of racketeering and violations of Georgia securities laws.
Darryl Hicks was sentenced to 10 years in prison followed by 10 years on probation for his fraud scheme after his recent conviction by a DeKalb jury. Beginning in 2000, Hicks got clients such as All Baptist Church to invest in his fraudulent “high yield” or “prime bank” investment scheme. The money has not been recovered, the DeKalb County District Attorney’s Office said.
Hicks disappeared in late 2001 and was initially indicted by a DeKalb grand jury in April 2005. He was arrested in Chicago in August 2007.
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