BOONE COUNTY — A Zionsville man is accused of misusing $275,000 from a long-time friend while acting as an investment advisor, even though the man was not registered to handle investments in Indiana.
Kirk Crossen is charged with four felonies, including:
- Investment Fraud
- Theft Value of property > $50k
- Fraudulent or Deceitful Act in the Offer, Sale or Purchase of a Security
- Unregistered Investment Adviser
An investigation by the Indiana Secretary of State Securities Division found Crossen solicited money from a friend who lives in Texas.
The state alleges Crossen used investment funds to gamble and for personal use, including housing, dining and golfing…