Reynaldo Peralez: Indicted

Dec 5

Reynaldo Peralez of San Antonio was indicted Dec. 5 by a Bexar County grand jury for securing the execution of a document by deception to perpetrate an investment fraud.

According to the indictment, from 2009 to 2010 Peralez raised $39,000 from one investor in five separate transactions. Peralez allegedly solicited the funds for an investment company that did not exist.

Peralez did not tell the investor that the funds were used to pay personal expenses for Peralez and another person.