Two men have been charged with conspiracy to commit wire fraud and wire fraud in a scheme involving false identities, bogus financial accounts, and fake real estate investment projects.
According to court documents, Daejon Labrayae Love, 35, created fictitious investments to defraud numerous women in Oregon, Washington, Idaho, and California. Love met most of the women through dating apps while Taylor Jamie Chan, 18, pretended to be his financial advisor. The pair solicited money from the women through lies and misrepresentations from February 2022 until their arrest on Monday, Aug. 24.
In their scheme, Love invented fictitious personas where he presented himself as either a player with the NFL’s San Francisco 49ers or as a wealthy real estate investor. Love had romantic relationships with many of the victims and told them he wanted to build wealth and a future together.
Love used several names including Jon Love, Daejon Love, Avril Lyto Love, and Jordan Love to perpetuate the scheme. He put forth nonexistent investment vehicles with the claim they would generate massive returns for both him and his victims. He also used phone applications to create fictitious bank and investment accounts and balances, which he shared with the victims to legitimize the scheme.
Chan sent Love messages purportedly encouraging Love to invest in new opportunities. Love then sent screenshots of those messages to numerous victims to further convince them to send money to either Love or Chan. Chan and Love also hosted three-way FaceTime calls in which they showed victims falsified investment gains and encouraged victims to part with their money.
Victims sent Love and Chan money due to their belief that their money would be invested in legitimate investment vehicles on their behalf. If the victims did not have cash to invest, Love sometimes instructed them to take out personal loans.
Once the victims had no more money to invest, or if they asked too many questions, Love blocked communication with them, but kept their money. Of the victims identified and interviewed, none reported receiving any proceeds, returns on their principle, or investment account information after sending Love and Chan money.
To date, it is determined that Love and Chan received about $1.3 million from 26 identified victim investors. The FBI believes there are many more victims.
Arrest warrants and a criminal complaint alleging conspiracy to commit wire fraud and wire fraud and were issued for both Love and Chan on Aug. 17 in the District of Oregon. The FBI’s investigation revealed that on Aug. 24 Chan flew from California to meet Love in Boise, Idaho. The FBI and other law enforcement apprehended both Love and Chan at the Boise Airport. Investigators learned that Love was in Idaho to meet new victims.
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