Regional News

Big Fine for "Hobo Prince" Scam

The State of Oregon has hit the man known for the Hobo Prince Investment scheme with a $1-million fine.  Shelby Bell, who lives in Vancouver, would take $25 investments for the promise of $900 a week for seven years.  Van Pounds, Chief of Enforcement for the Oregon Division of Finance, says the $187,000 collected appears to have been spent.   It doesn't appear that any of the investors got money back.  Bell attracted clients at seminars, through religious organizations and over the Internet.

On Air Now

Mark Levin
Mark Levin
3:00pm - 6:00pm
Mark Levin

FlashAlert

KBND ON FACEBOOK

News Disclaimers