Theodore Miller, a social media influencer who attracted investors by presenting himself across TikTok and Instagram as a wealthy real estate mogul, received a 15-count indictment on charges relating to wire fraud, money laundering, and obstruction.
Miller, who went by the nickname “The Wolf of West Virginia,” was accused of running two fraudulent schemes to bolster his businesses’ monthly cash flow and to pay unrelated personal and professional debts, obligations and expenses. According to the charges brought against him, Miller’s online persona of real estate tycoon and world traveler was far removed from his reality as a failing entrepreneur with poor credit who defaulted on loans and was delinquent on property taxes and bills.
One of Miller’s schemes involved the alleged rehabilitation of two real estate projects in Charleston, West Virginia – in reality, he never owned the projects he promoted. Another scheme sought to defraud investors by inducing them to invest in “Bear Lute,” a pooled real estate investment vehicle. Between June 30, 2022, and Feb. 28, 2024, Miller fraudulently induced more than 100 individuals to invest in Bear Lute and obtained more than $200,000 in investor funds. Miller posted false figures on an online investor dashboard that purported to allow investors to track and manage their investments and ignored communications with investors who requested withdrawals. He also failed to disclose to the West Virginia Securities Commission ordered him to cease and desist operating Bear Lute.
Miller directed most of the fraudulently obtained funds toward personal expenses, private investments, and other business expenses. Miller remained outside of the US from on or about Feb. 12, 2022, to on or about Aug. 8, 2024, while conducting his schemes – during this time, he posted multiple social media videos and photographs showing him luxuriating in Europe, Asia and Latin America.
Miller is charged with 12 counts of wire fraud, one count of money laundering and two counts of obstruction. If convicted, Miller faces a maximum penalty of 20 years in prison for each wire fraud count, 10 years in prison for money fraud, and 20 years in prison for each obstruction count.
Photo: Theodore Miller in an Instagram photo taken in Bali
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The giant gold chain that only a 8-year-old would like is a dead giveaway.
So very true!!
He must be orange man Trumps cousin.
Say something like that and you should have more than a pithy 1 liner.
Right out of the Donald Trump playbook…
Really?
Ahhh, a one liner. Please be specific.
Maybe he should be Anna Delvey’s dancing partner on Dancing with the Stars – they can both wear their ankle bracelets
A side note, a very side note for all of you, the chlorine in pool water (slowly) dissolves gold.