PHOENIX (AZFamily) — A Maricopa County grand jury has found a Phoenix man guilty of defrauding another Valley man out of more than $1 million dollars.
The Arizona Attorney General’s Office said Tuesday that Tony A. Hatley, Jr. was found guilty of fraud, theft, and filing a false return after prosecutors say he posted as a securities trader and convinced the victim into giving him money for “annuity investments.”
“This was not just fraud –it was a calculated con. This individual preyed on others’ trust, stole over $1.5 million, and thought they could get away with it,” said Arizona Attorney General Kris Mayes. “This verdict is a reminder that if you lie, cheat, and steal from Arizonans, my office will find you and hold you accountable under the law.”
The AG’s office said that Hatley met the victim in July 2017 and asked to use his expensive car in a photo shoot. Over time, prosecutors say he gained the trust of the victim and posed as a securities trader, claiming he had experience in trading stocks and currency…