James McKee, Who Allegedly Defrauded an 81-Year-Old Retiree and a Church, Pleads Guilty to Theft Charges

James Scott McKee pled guilty to charges arising from allegations that McKee committed investment fraud.

The Peiffer Rosca law firm’s securities practice attorneys Alan Rosca and Joe Peiffer are already pursuing claims arising from McKee’s alleged investment fraud and are continuing to investigate the matter.

McKee, from approximately February 2006 through September 2011, defrauded brokerage customers and others by persuading them through material misrepresentations and omissions to invest in various undisclosed outside real estate ventures in which he had a direct or indirect financial interest, according to a complaint filed by the Financial Industry Regulatory Authority’s (“FINRA”) Department of Enforcement

McKee allegedly converted or improperly used customer funds for his own personal use and benefit, according to FINRA’s Department of Enforcement. Prosecutors handling McKee’s criminal case have stated that McKee lived in a million dollar home, took lavish trips, and had six cars.

McKee’s victims, each of whom placed their trust in McKee, included an 81-year old retiree, a local church, an owner of a small supply company and other unsophisticated investors seeking conservative investments who believed, based upon McKee’s fraudulent misrepresentations and omissions, that their investments were in fact conservative.

The Peiffer Rosca securities attorneys often represent investors who lose money as a result of Ponzi schemes, investment fraud, or stockbroker misconduct. They are currently investigating the possibility of assisting victims with the recovery of their losses in connection with investments made with James McKee. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of investing with James McKee may contact the securities lawyers at Peiffer Rosca, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1163 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.