Beck Withheading Press

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    FOR IMMEDIATE RELEASE

    Friday, July 19, 2013Contact: Julie Wilson(513) 946-3213

    ATTORNEY GENERAL MIKE DeWINE, HAMILTON COUNTY

    PROSECUTOR JOSEPH T. DETERS ANNOUNCE INDICTMENTS.

    (CINCINNATI) Ohio Attorney General Mike DeWine and Hamilton County Prosecuting

    Attorney Joseph T. Deters today announced the indictments of State Representative and

    Certified Public Accountant Peter A. Beck and John W. Fussner by a Hamilton County

    grand jury in connection with their activities involving Ohio software company Christopher

    Technologies, LLC, or CTech. The indictments follow a referral from the Ohio Department

    of Commerce Division of Securities.

    Beck was indicted on 16 felony charges:

    two counts of misrepresentations in the sale of a security

    two counts of unlicensed sale of securities

    two counts of fraud in the sale of securities

    two counts of sale of unregistered securities

    two counts of selling securities in an insolvent company without full disclosure

    two counts of making a false statement about the financial condition of an issuer

    four counts of theft by deception

    Beck faces a possible maximum sentence of 102 years in prison if convicted of all charges.

    Fussner was indicted on 7 felony charges:

    one count of misrepresentations in the sale of a security

    one count of unlicensed sale of securities

    one count of fraud in the sale of securities

    one count of sale of unregistered securities

    one count of selling securities in an insolvent company without full disclosure

    one count of making a false statement about the financial condition of an issuer

    one count of theft by deception

    Fussner faces a possible maximum sentence of 43 years in prison if convicted of all charges.

    John W. Fussner was the President and Peter A. Beck was the Chief Financial Officer of

    CTech. Victims lost approximately $200,000.

    Hamilton County Prosecutor Joseph T. Deters commented, I am pleased that the Attorney

    Generals office is vigorous in investigating and prosecuting these types of cases. Theft is

  • 7/28/2019 Beck Withheading Press

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    FOR IMMEDIATE RELEASE

    Friday, July 19, 2013Contact: Julie Wilson(513) 946-3213

    theft whether it is a simple theft of merchandise from a store or the sophisticated scheme

    perpetrated by Beck and Fussner.

    Attorney General Mike DeWine commented, John Fussner and Peter Beck knew CTech

    was insolvent and yet they did not disclose this to investors. They knew the truth, and yet

    deceived investors to get their capital to keep the company afloat and use the money for

    other purposes.

    Although this is a joint prosecution between the Ohio Attorney Generals office and the

    Hamilton County Prosecutors office, future media calls should be directed to Lisa Peterson

    Hackley, Communications Director for the Attorney General, at 614-644-0508 or 614-619-

    6237.