The Ohio Department of Commerce Division of Securities recently announced that Brandon Kovach of Youngstown has pleaded guilty to five felony charges related to the misappropriation of $460,000 in investor funds.
Kovach, 35, pleaded guilty in Summit County Court of Common Pleas to a second-degree felony count of telecommunications fraud, a third-degree felony count of aggravated theft, a third-degree felony count of securing writings by deception, a third-degree felony count of money laundering, and a fourth-degree felony count of grand theft.
Sentencing has been scheduled to take place April 15, 2027. The judge ordered Kovach to deposit $8,000 with the court by Jan. 15, 2027, as a deposit toward the restitution for the victim…