Vick registered AMV Investments as a Colorado limited liability company, but police say she didn’t initially open an AMV Investments bank account, instead pooling AMV investors’ funds with her personal brokerage accounts, personal funds and restaurant funds. The only documentation, police said, was a promissory note AMV Investments would send to investors to be signed and sent back, and a one-page Google document noting the start date of investments, principal amount, monthly interest and payments made. In 2018, Vick started soliciting investments in her personal stock options trading, promising monthly interest payments between 5% and 10%, according to the affidavit. Police say she solicited more than $250,000 of investments - mixing them with her personal funds - before forming AMV Investments in August 2019.ĪMV Investments had no documentation describing Vick’s trading returns, trading strategies or associated risks. She also used part of the investments she solicited to repay prior investors, as well as to cover restaurant expenses, credit card payments and for personal use.įrom August 2018 to 2022, Vick lived in Mead and owned several Pinocchios locations in northern Colorado, as well as a restaurant called Delvickios in Broomfield. Vick allegedly solicited the investments - though she was not licensed to sell securities - without disclosing the risks involved or the losses she incurred, according to the affidavit. Vick founded the Pinocchios chain in northern Colorado - including the Pinocchios Incredible Italian restaurant in Greeley at 905 16th St. 1 on suspicion of 10 counts of securities fraud, according to an affidavit for her arrest. Police arrested 61-year-old Annie Vick - also known as Annie Velazquez or Annie Margaret - on Feb. A local businesswoman has been accused of embezzling more than $3 million from at least two dozen investors from 2018 to 2021.
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