for immediate release
April 17, 2002
N E W S R E L E A S E
A man alleged to have scammed senior citizens out of more than $4,600 has been arrested on eleven felony counts. The Okaloosa County Sheriff's Office today (Wednesday) arrested Loyd Raymond Rodgers, age 50 (3-18-52), on three counts of Grand Theft, three counts of Exploitation of the Elderly, and three counts of Home or Private Business Invasion by False Personation.
Rodgers is accused of falsely representing himself as an agent of a company known as "Probate and Estate Solutions," and accepting payment from clients to set up estate trusts. Two clients paid $1,695 each, a third paid $1,295; none received the promised services. The individual victims contacted the Okaloosa County Sheriff's Office when they learned Rodgers no longer worked for the Probate and Estate firm, and they had been unable to obtain a refund from him. All three victims were over the age of 65.
Rodgers, who recently has resided in Fort Walton Beach and in Pensacola, was also arrested on felony counts of Defrauding an Innkeeper and Stopping Payment with Intent to Defraud in connection with a $1,100 bill for six weeks lodging earlier this year at an Okaloosa Island condominium.
Anybody who has lost money as a result of similar business dealings with Mr. Rogers is encouraged to report the incident to the Okaloosa County Sheriff's Office or other appropriate law enforcement agency.
for more information contact Rick Hord, Public Information Officer
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