New Charges in Easley Securities Investigation

The investigation of an Easley-based securities firm has yielded new charges against a Greenville attorney.

Frederick Scott Pfeiffer was indicted by a  state grand jury on one count of conspiracy and one count of forgery.

He was already facing charges of withholding information from Capital Investment Funding investors.

Those charges were filed after Pfeiffer did not inform investors that officers of Capital Investment Funding parent company had been removed for improper financial investors, prosecutors said.   

The former manager of Capital Investment Funding is awaiting sentencing.

Last month, Arthur Field pleaded guilty to 11 fraud charges. A state grand jury indicted Field last year on charges including conspiracy, forgery and securities fraud.  His agreeing to plead guilty means he will face lesser sentences.

Capital Investment sold promissory notes to investors.  Field has yet to explain what happened to the millions of dollars invested in the firm.