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Monday, August 21, 2017

EMBEZZLEMENT! ASSAULT & BATTERY! Grand Blanc, Michigan, “Investment Advisor” Jason K. Bescoe Arraigned In Genesee County's 67th District Court, Charged With Embezzlement, Assault & Battery; Bescoe Remains Behind Bars After Failing To Make $300,000 Bond

BREAKING NEWS Goodrich, Michigan, resident Jason Bescoe (at left), whose personal Investment Advisor registration and that of his Research Money Management, LLC firm were suspended on August 16 by Michigan's Corporations, Securities & Commercial Licensing Bureau (CSCL), was formally arraigned on Saturday, August 19, in Genesee County's 67th District Court.

Bescoe, the owner of a Flint, Michigan area country club, the Atlas Valley County Club, was charged with one count of embezzlement-over $100,000. In addition, Bescoe was also charged with one count of assault and battery. 

Bescoe plead not guilty to the assault charge, and bond in that charge was set at $1,000.

A probable cause hearing for the embezzlement charge was set for August 31 at 1:00 p.m., and Bescoe remains behind bars in the Genesee County jail after failing to post the $301,000 bond required ($300,000 for the embezzlement and $1,000 for the assault charge) for his release.

In July, Genesee County Sheriff Robert Pickell announced his office was investigating a complaint from an individual claiming her elderly parents were being financially exploited by Bescoe. 

Additional information about Bescoe, his Arabian horse habit, and his Florida hedge fund, can also be found on this blog.

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