Overview
- A federal grand jury indicted Christopher Earl Lloyd on July 2 on 13 counts of wire fraud and one count of engaging in a monetary transaction related to an alleged $2 million romance-investment fraud.
- Prosecutors say Lloyd used Tinder, Hinge and Bumble from April 2021 to February 2024 to cultivate romantic relationships before soliciting investments under false pretenses.
- Lloyd allegedly claimed roles as a real estate investor and executive at companies like Planet 13 Holdings and Landmark Associates to bolster his scheme.
- Victims wired funds, sent money via Cash App and Zelle, or paid in cash after he promised insured investments and regular returns, then diverted the proceeds for personal expenses including a $40,000 Lexus.
- The FBI is expanding its investigation into the case as the U.S. Attorney’s Office in Santa Ana prepares for Lloyd’s trial.