A State Grand Jury indicted Daylon G. Pierce for his alleged involvement in an online dating scam. Pierce allegedly began romantic relationships with women he met through online dating websites and then convinced them to invest thousands of dollars in fraudulent investments.
“The FBI receives many complaints from people who were victimized by someone they met through an online dating service,” said Michael DeLeon, Special Agent in Charge of the FBI Phoenix Field Office. “Victims become emotionally attached and subsequently provide their banking and personal information.”
From February 2015 to November 2015, Daylon Pierce AKA Daylon Jung set up several profile pages on various dating websites including Match.com, PlentyOfFish.com, and Tinder.com.
One of the alleged victims invested $240,000 including part of her 401(k) proceeds. Another alleged victim claims she took out more than $100,000 in loans and gave the money to Pierce as an investment.
“Many times victims are embarrassed and ashamed, but they shouldn’t be. These types of scammers are convincing and relentless,” added DeLeon.
Pierce allegedly told victims he was a successful licensed stock broker. There is no record of Pierce being a licensed stock broker. He stated that he owned his own investment company Credit Investment Group, LLC. Pierce may have been conducting similar schemes under the entity names of Rebuild Solution Group, LLC, and Lion Gate and under different aliases.
It is alleged that the money was spent at local casinos, nightclubs, and gentlemen’s clubs and not on investments.
Pierce is currently facing the following counts:
•Fraudulent Schemes and Artifices, Class 2 felony
•Two Counts of Theft, Class 2 felonies
•Illegal Control of an Enterprise, Class 3 felony
•Two Counts of Transactions by Unregistered Dealer or Salesperson, Class 4 felonies
This matter was investigated by the Phoenix Field Office of the Federal Bureau of Investigation.
Assistant Attorney General Scott Blake is prosecuting this case.
If anyone has information on Daylon G. Pierce AKA Daylon Jung, contact the Phoenix Field Office of the Federal Bureau of Investigation at (623) 466-1999.