Feds have brought down a major hammer on Mark O. Wittenmyer, age 54 of Holland, Ohio, and four alleged co-conspirators for their role in an extensive investment fraud scheme that spanned over a decade. The five men—Robert Milam of League City, Texas; Lonny Remmers of Corona, California; Mark Aller of Birmingham, Michigan; and Douglas Boyce of Maumee, Ohio—are facing a 52-count superseding indictment.
The charges, announced by U.S. Attorney for the Northern District of Ohio Steven M. Dettelbach and FBI Cleveland Division Special Agent in Charge Stephen D. Anthony, include conspiracy, wire fraud, money laundering, securities fraud, and access device fraud. The indictment asserts that from 2003 to 2014, the defendants solicited investments under false pretenses through several business entities, including Spring Valley Marketing Group and Community ISP.
According to the charges, the conspirators made false statements about past investment success to lure in victims, using professionals like attorneys to lend legitimacy. Mark Wittenmyer is also accused of misusing funds for personal expenses, while his alleged co-conspirators are charged with various counts of wire fraud and money laundering.
The severity of each defendant’s sentence will depend on the court’s review of unique case factors such as prior criminal records and roles in the offense. Dettelbach warns the public to be wary of fraudulent investment promises, saying, “If it sounds too good to be true, it probably is.”
Assistant U.S. Attorneys Gene Crawford and James V. Moroney are handling the prosecution of this case, which was investigated by the FBI and IRS Criminal Investigation out of Toledo, Ohio.
Remember, an indictment is not proof of guilt; each defendant is entitled to a fair trial where the government must prove guilt beyond a reasonable doubt.
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Key Facts
- State: Ohio
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes|White Collar Crime
- Source: Official Source ↗
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