The Denver district attorney's office said Wednesday that an arrest warrant had been issued for 51-year-old James W. Faber, who is charged with violating the Colorado Organized Crime Control Act. He also is charged with six counts of securities fraud and 17 counts of theft.
The charges allege that between 2006 and 2010, Faber asked people to give him money that he said would be invested in the exploration of mining and natural resources. Instead, Faber is accused of using the money to pay himself, run his law firm, pay for business expenses, pay former investors, and invest in martial arts studios.
Faber wasn't answering his phone Wednesday.
(Copyright 2012 by The Associated Press. All Rights Reserved.)