Opelika couple arrested on theft charges, investigation ongoing

Local News
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OPELIKA, Ala (WRBL) – An Opelika couple has been arrested on theft charges in an ongoing investigation.  

Opelika police report on January 9th, around 9:35 in the morning, 25-year-old Mary Carlton Wilson-Hinson of Opelika was arrested on a warrant for Theft of Property, First Degree. Her husband, 32-year old Jesse Morgan Hinson also from Opelika was arrested at the same time on a warrant for Criminal Conspiracy to Commit Theft of Property, First Degree.

Both subjects were booked into the Lee County Jail. Opelika Police continue its investigation into this case and no other information is being released at this time.

Opelika police confirm Jesse Hinson pled guilty to Security Fraud Charges a few years ago. According to a May 2016 news release from the Alabama Securities Commission,  Jesse Morgan Hinson pled guilty to Securities Fraud Charges. The news release is copied below.

(May  27,  2016)
Douglas  Valeska,  District  Attorney  for  the  20th Judicial  Circuit,
Houston County, Alabama; and Joseph Borg, Director of the Alabama Securities Commission (ASC) announced that on May 12, 2016, Jesse Morgan Hinson, of Troy, Alabama plead guilty in Houston County Circuit Court to one count of  Securities  Fraud for making misstatements
and  omissions of material fact to an Alabama investor.

The offense is a Class B felony, punishable by not less than two, but no more than 20 years in prison, and a fine not to exceed $30,000.

After the plea was entered, The Honorable Circuit Court Judge Larry K. Anderson sentenced Hinson, as part of his plea agreement, to five years in the custody of the Alabama Department of Corrections.

Hinson filed an application for probation, and a probation hearing is set for July 15, 2016. Judge Anderson further ordered Hinson to pay court costs and fees, a $500 fine, and $250,000 in restitution to the victim in the case. As part of the plea, Hinson also consented to be permanently barred from the securities industry in Alabama.

Hinson’s plea is the result of an indictment by the Houston  County Grand Jury in  October 2015. Hinson represented to an Alabama investor that Hinson operated a business that purchased and sold scrap metal for profit. Hinson solicited investments in this scrap by offering investment contracts to the Alabama investor and obtained $250,000 from the investor between August 2013 and January 2014. Hinson did not, in fact, operate a scrap metal business, and that the investors’ funds were instead used for personal expenses and to pay prior investors. Hinson also misrepresented that funds would be used to purchase trucks for the business, but no trucks were needed or ever purchased.

Neither Hinson nor the securities he sold, were registered with the ASC, as required by Alabama law. The  ASC  cautions potential investors to thoroughly research any investment opportunity or offer. Contact the ASC  with inquiries concerning,  agents, investment advisers, investment adviser representatives, financial planners, the registration status of securities or debt management programs, to report suspected fraud or to obtain consumer  information. The  ASC  provides  free  investor
education and fraud prevention materials in print, on our website and through educational presentations upon request.

For further information contact Dan Lord, Education, and Public
Affairs Manager, 334-353-4858.


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