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Molokai man accused of investment scheme


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LAST UPDATED: 05:16 p.m. HST, Apr 24, 2014



FBI officials say a Molokai man is accused of scamming a woman out of $45,000 in an investment scheme, promising guaranteed returns.

A lawyer for 47-year-old David Buchanan declined comment on Thursday.

A charging document in federal court says Buchanan represented himself as a financial manager, but instead of investing funds he spent them on personal travel, an online video game and an online girlfriend in the Philippines.

Prosecutors accused Buchanan of delaying the victim from reporting the abuse by emailing false claims that her investment money was on its way.






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