Beck Withheading Press
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Transcript of Beck Withheading Press
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7/28/2019 Beck Withheading Press
1/2
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
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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.