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Bend Businessman Pleads Guilty to Fraud


A Bend businessman faces up to eight years in prison after pleading guilty to fraud in the misuse of $44-million of his customer's money. Brian Stevens, 55, owned Summit Accommodations. “What Mr. Stevens and others at Summit did was take the customers money and make personal investments for themselves in real estate in the Bend area and elsewhere. More than 100 separate property investments.” Assistant U.S. Attorney Seth Uram says customers may be able to get most of their money back. He says Summit's customers were repeatedly told their money was safe in a bank account when it was not.  Alleged coconspirator, Mark Neuman, 56, pleaded not guilty in April to wire fraud and conspiracy to commit money laundering.

 

 

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