Christopher Linton Indicted for Integrity Capital Alleged Fraud
Christopher Shawn Linton, a former Alabaster, Alabama attorney, was indicted for organizing an allegedly fraudulent investment scheme known as Integrity Capital, in the greater Birmingham area.
Chris Linton was charged with perpetrating a securities fraud scheme as well as bank fraud, through Integrity Capital, a factoring business. Linton purchased stock in Integrity Capital in 2007 and became the company’s officer and partner.
Integrity Capital purported to advance funds to lawyers who were expecting to receive payment for work they had performed for the State of Alabama. Integrity would in turn receive the payments on the lawyers’ behalf and keep a percentage as its factoring fee, according to court documents filed in the case.
Christopher Linton solicited investors to invest money in Integrity Capital. He was able to raise over $2.8 million from investors.
However, Linton stole his investors’ money and used it to finance his lavish lifestyle, which included private jet flights, home improvement projects, vacations, and recreational vehicles, according to the indictment. He paid himself with investor money and used such money for non-investment purposes, prosecutors charged.
Investigation by securities lawyers Jason Kane and Joe Peiffer has established that certain third parties that, they believe, assisted in the perpetration of the Integrity Capital alleged scheme may be liable for some of the Linton investors’ losses.
Investors who lost money invested in Christopher Linton’s Integrity Capital scheme may contact attorneys Jason Kane or Joe Peiffer for a free evaluation of their recovery options, toll free at 585-310-5140.