WCAV-WVAW-WAHU | Charlottesville, Virginia | News

Fraud Trial Underway for Ex-FBI Agent, Wife

April 24, 2012

A trial is under way in Richmond for a former FBI agent and his wife, who are charged in a $1.3 million investment fraud scheme.

John Robert Graves and Sara Turberville Graves of Fredericksburg are charged with conspiracy to commit wire and mail fraud, and other fraud counts. John Graves also is charged with lying to investigators.

John Graves founded the Brook Point Management investment and insurance company in 2003. Prosecutors allege the couple misrepresented to clients the safety of their money and how it would be used.

Prosecutor Jamie Mickelson told jurors during opening statements Monday that nearly $1 million of the investors' $1.3 million was improperly spent.

John Graves' attorney, Carolyn Grady, acknowledged investors lost their money but said it was because of the sour economy, not fraud.


The comments sections of Newsplex.com are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we only ask that you use your best judgment. E-mail is required, but will not be displayed with comment.

  • Comments cannot be profane or vulgar. We will not post comments that use profanity or cross the lines of good taste.
  • We will not post comments that use hate speech. Slurs, stereotypes and violent talk aren’t welcome on our website.
  • Comments should not attack other readers or people featured in our stories personally. Any accusations should be backed up with facts.
  • Any comment we post will be posted in its entirety. We do not edit any comment that we post.
     
  • Comments should contribute to the discussion. We will not post comments that don't advance the discussion. Flaming and/or trolling will not be tolerated.
     
  • Comments should not attack other posters. Let's keep the focus on the content of the story.

    As a host Newsplex.com welcomes a wide spectrum of opinions. However this is a site that we host. We have a responsibility to all our readers to try to keep our comment section fair and decent. For that reason The Newsplex reserves the right to not post or to remove any comment.

    If you have any ideas to improve the conversation or this section let us know. Send an e-mail to webmaster@newsplex.com.

 

powered by Disqus
The Charlottesville Newsplex 999 2nd Street S.E. Charlottesville, VA 22902 434.242.1919 – Main 434.220.7522 - Newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 148680835