Zionsville business owner arrested

Darrin Marion (Provided Photo/ Marion County Jail)

ZIONSVILLE, Ind. (WISH) – Officials say an investigation lead to the arrest of the owner of Darrin’s Coffee Company in Zionsville.

Officials say Darrin Marion of Indianapolis was arrested for selling an unregistered investment in real estate development.

According to a release from the Office of the Indiana Secretary of State, Marion sold his father’s college roommate an investment opportunity in a Texas real estate development project. Marion told the victim the project would generate significant revenue and that Marion, himself, was also investing in the project.

After the investment was made, Marion reportedly never showed documentation of the investment and stopped returning the victim’s phone calls. The victim then reported the incident to the Secretary of State’s office.

The investigation revealed Marion was previously registered as a securities professional but his license was terminated in 2007 after an identity theft case. In 2008, Marion was permanently banned from the securities industry.

“Real estate schemes are some of the most common forms of investment fraud that come across my desk,” said Secretary of State Connie Lawson. “I hope this case serves as a reminder to check with my office to ensure the investment is registered before investing.”

“Investors should always check with the Secretary of State’s office to make sure the investment adviser and the product are licensed before investing,” said Indiana Securities Commissioner Carol Mihalik. “This case is the perfect example of how a simple background check could save your precious investment dollars.”

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