Indictment — USA v. Wallace (Dkt. 1, D. Colo.)

Summary

A grand jury Indictment in United States of America v. Ronald Philip Wallace and Stace Yater Wallace, Case No. 22-CR-0211-PAB, in the U.S. District Court for the District of Colorado, filed June 22, 2022 as Document 1. Counts 1 - 9 charge Ronald Philip Wallace with wire fraud over investor funds sought for companies producing CBD products, and Counts 10-40 charge both defendants with money laundering under Title 18, United States Code, Sections 1956(a)(1)(B)(i) and 2. Counts 41 through 43 charge bank fraud under Sections 1344 and 2 over PPP loan applications for NATURLFX, Inc. to Vectra Bank of Colorado, which funded a $65,200 loan, a $54,854 second draw and a $113,492 loan. Count 44 charges a monetary transaction over $10,000.00 in criminally derived property under Section 1957. It is signed by Assistant U.S. Attorney Robert Brown.

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