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Justice News

Department of Justice
U.S. Attorney’s Office
District of New Mexico

Wednesday, November 4, 2015

San Juan County Resident Arraigned on Federal Wire Fraud Charges

Bobby Willis Charged with Defrauding Couple of $1,000,000

ALBUQUERQUE – Bobby Willis, 43, a resident of Kirtland, N.M., was arraigned this morning in federal court in Albuquerque, N.M., on an indictment charging him with wire fraud.  Willis entered a not guilty plea and was released on pretrial conditions pending trial.

The two-count indictment, which was filed on Oct. 20, 2015, alleges that, from March 2010 through Aug. 2011, Willis executed an illegal scheme to defraud two victims of $1,000,000.  According to the indictment, Willis allegedly offered the victims the opportunity to purchase a five-percent interest in a real estate investment company for $1,000,000 with the understanding that he and other individuals had also invested millions of dollars in the company.  Willis then allegedly spent $995,000.00 of the victims’ $1,000,000 instead of investing the funds.

Count 1 of the indictment alleges that on Oct. 25, 2010, Willis caused $900,000.00 to be wire transferred from the bank account of the real estate investment company to his and his wife’s bank account.  Count 2 alleges that on Nov. 12, 2010, Willis caused another $95,000.00 to be wire transferred from the real estate investment company’s bank account to his and his wife’s bank account.  The indictment includes forfeiture provisions seeking a money judgment against Willis in the amount of $1,000,000.

If convicted, Willis faces a statutory maximum sentence of 20 years in prison and a maximum fine of $250,000.00.  Charges in indictments are merely accusations and defendants are presumed innocent unless found guilty in a court of law.

This case was investigated by the Albuquerque office of the FBI and is being prosecuted by Assistant U.S. Attorney C. Paige Messec.

Updated November 4, 2015