The person at the center of this case
Rodney Dean Allen
Justice for Rodney Dean Allen — the trail went cold in 2016, but the truth hasn't.
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Where has Rodney Dean Allen been since April 2017, and is he still alive?
What documentation exists showing the extent of client losses and misappropriated funds?
Have any associates, family members, or acquaintances had contact with Allen since his disappearance?
Rodney Dean Allen, an investment broker, allegedly defrauded clients of his company KA Investments, LLC between 2016 and 2017 by misrepresenting investment returns and misappropriating deposits for personal use. A federal arrest warrant was issued in January 2018 for wire fraud, but Allen disappeared in April 2017 and has not been located. He is considered potentially armed and dangerous with possible suicidal tendencies, and a $10,000 reward is offered for information leading to his apprehension.
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Beyond the top three above — each detail below could be the thread that pulls this case open.
What vehicle was Allen driving when he disappeared, and has it been located?
Given his alleged suicidal tendencies and possession of a handgun, could he have harmed himself?
Even the smallest detail could be the key to solving this case.
Official wording
Wire Fraud Caution: It is alleged that from approximately 2016 to approximately 2017, Rodney Allen devised a scheme to defraud clients of his brokerage company, KA Investments, LLC, obtain their money by false pretenses and promises, and misappropriate their money. Additionally, Allen allegedly misrepresented in monthly statements provided to clients that they were earning positive returns on investments, when in fact, clients were earning negative returns on investments.
For instance, on December 6, 2016, Allen allegedly emailed a November 2016 monthly statement to a client. In the statement, Allen represented that the client’s account had earned 1.903 percent that month.
In reality, the client’s account had lost 36.01 percent. Furthermore, Allen allegedly misrepresented to clients of KA Investments, LLC that he was taking between a 14-percent and 18-percent commission on investment profits.
In truth, he was misappropriating client deposits for his personal use, regardless of profit or loss, and at a greater percentage. A federal arrest warrant was issued by the United States District Court, District of Idaho, on January 10, 2018, after Allen was charged with wire fraud.
Allen has been missing since April 20, 2017, and his whereabouts remains unknown. Remarks: Allen may be in possession of a handgun.
He may also have suicidal tendencies.
Allen allegedly emailed a November 2016 monthly statement to a client claiming 1.903% return when the account actually lost 36.01%
Alleged fraudulent scheme operated from approximately 2016 to 2017 involving wire fraud and misappropriation of client funds
Rodney Dean Allen has been missing since April 20, 2017; whereabouts unknown
United States District Court, District of Idaho issued federal arrest warrant for wire fraud charges
For information leading to the resolution of this case
For information leading to the resolution of this case