Click to Home
Go To Search

News and Press Releases

Posted on: February 27, 2014

Securities Fraud Charges Filed Against Lawrence Man

February 27, 2014

Media Contact: Caley Love
Director of Communications

Securities Fraud Charges Filed Against Lawrence Man

Roderic Deines has been charged with 11 felony counts, including 4 counts of securities fraud for employing an investment scheme involving a house-flipping business.

Lawrence, KS--- Kansas Securities Commissioner Josh Ney announced that criminal charges were being filed against Family Homes Inc. and Roderic (Rod) E. Deines of Lawrence, KS.
Deines was charged with 11 felony counts for violating the Kansas Uniform Securities Act, including allegations of securities fraud and the selling of unregistered securities. The criminal complaint alleges that Deines committed securities fraud by unlawfully employing a scheme to defraud at least 3 Kansas residents by offering and selling unregistered securities in his business, Family Homes Inc., which he claimed was a house-flipping business that could produce extraordinary investment returns. All three investors are from Russell, KS, where Deines has had previous residence. The complaint alleges that the funds given to Deines by investors were primarily used for his personal expenses and to pay other investors. Victim losses currently total over $170,000.
Chris Mann, Senior Staff Attorney for the Kansas Securities Commissioner, urges anyone with information to contact the agency. “If you have been approached by this individual regarding investing in Family Homes, please contact the Office of the Kansas Securities Commissioner at 785-296-3307,” says Mann.
The violations listed in the complaint are allegations. Deines should be presumed innocent until proven guilty.


The mission of the Office of the Kansas Securities Commissioner (KSC) is to protect and inform Kansas investors; to promote integrity, fairness, and full disclosure in financial services; and to foster capital formation.

To view a PDF of the release, click here.
Facebook Twitter Google Plus Email

Other News in News and Press Releases

Regulation A, Tier 2 Offerings

Posted on: June 10, 2016

Essay Scholarship Winners Announced!

Posted on: April 25, 2016

Wichita Man Sentenced for Securities Fraud

Posted on: November 24, 2015

Lawrence Man Sentenced for Securities Fraud

Posted on: September 12, 2014

2013 Video Contest Winners Announced!

Posted on: April 30, 2013
America Saves Week!

Kansas Saves Week (America Saves Week)

Posted on: February 25, 2013

KSC Newsletter

Posted on: March 15, 2012