CINCINNATI: A southwest Ohio lawmaker charged with fraud and theft for allegedly misleading investors about a company’s financial status and using their money for personal gain won’t go on trial next month.
A judge in Cincinnati on Friday said the April 7 trial for Republican state Rep. Pete Beck will be rescheduled. A prosecutor said the state intends to merge the charges in two indictments against Beck. The 61-year-old lawmaker had denied all of the allegations.
He was set to go on trial next month on 16 counts. They include theft, securities fraud, making misrepresentations and selling securities in an insolvent company without full disclosure. Beck was indicted in February on 53 more counts including allegations that he lied to securities investigators.
Beck’s attorney declined to comment after court.