Criminal charges are stacking up against a well-known financial advisor with local ties, The Union-Recorder has learned.
Authorities contend that 53-year-old Dean Harrison Grant duped victims out of more than $1.3 million dating back to 2008.
An additional 14 felony criminal warrants were recently taken out against him, Baldwin County Sheriff’s Office Detective Capt. Brad King confirmed Monday morning.
King, who heads the sheriff’s office criminal investigations division, said the investigation remains ongoing and could yield additional charges against the suspect.
The investigation, which began in November 2017 by the sheriff’s office, is now a joint investigation between the sheriff’s office and the Georgia Insurance Commissioner’s Office in Atlanta. Special Agent Jason S. Jones is investigating the case on behalf of the state.
Grant, founder and owner of GFG Strategic Advisors, located at 136 W. McIntosh St., Suite A, in Milledgeville, is being held in the Baldwin County Law Enforcement Center without bond. He is expected to appear before a Superior Court judge again soon for another bond hearing.
Ocmulgee Judicial Circuit District Attorney Stephen A. Bradley had requested $1 million bond last month after Grant surrendered to authorities on several outstanding felony warrants.
Grant’s defense attorney, Carl Cansino, of Milledgeville, had sought bond on behalf of his client, but Ocmulgee Judicial Circuit Superior Court Judge Amanda S. Petty denied his request for 30 days.
King recalled that Grant’s attorney was told by the judge that he could revisit the idea of bond for his client in 30 days to see what fruit the investigation had yielded between then and the next bond hearing.
Grant was initially charged with three counts of theft by taking, three counts of insurance fraud, one count of forgery in the first degree, and two counts of trafficking a disabled adult or elder person or resident, according to jail records.
Brandon Wright, communications director for Georgia Commission of Insurance and Fire Safety Commission Jim Beck, said in a press release issued after the latest charges against Grant that the suspect is accused of receiving $589,384.33 from three victims to secure insurance-related investments. A total of $447,589.26 of that amount was reportedly taken from two elderly victims.
“He did not obtain any insurance investments with the money he received from his customers and instead used it for personal benefit,” according to the press release. “He is accused of taking an additional $785,000 from three customers for him to secure insurance-related investments, bringing the total monetary value received from the victims to $1,374,384. 33.”
Those charges include seven counts of theft by taking, involving fiduciary, and seven counts of insurance fraud.
Since the initial charges were filed against Grant, the investigation has led to the discovery of several more victims, King said.
The Union-Recorder examined the 14 newest warrants filed against Grant on Monday at the Baldwin County Sheriff’s Office. The charges include seven counts of theft by taking, involving fiduciary, and seven counts of insurance fraud.
On the seven counts of theft by taking charges involving fiduciary, as well as seven counts of insurance fraud against Grant, signed affidavits from Jones reveal dates, times, victims’ names and exactly how much money was involved in each incident.
Names of the victims are being withheld by the newspaper at this time.
The following incidents are reportedly related to the theft charges, according to the signed affidavits:
- Dec. 8, 2008 - $200,000 theft by taking, fiduciary;
- Dec. 31, 2008 - $53,000 theft by taking, fiduciary;
- Feb. 18, 2009 - $27,000 theft by taking, fiduciary;
- April 15, 2009 - $40,000 theft by taking, fiduciary;
- March 23, 2010 - $180,000 theft by taking, fiduciary;
- Oct. 14, 2010 - $150,000 theft by taking, fiduciary; and
- March 28, 2011 - $135,000 theft by taking, fiduciary.
The following incidents reportedly happened involving insurance fraud, authorities contend:
- Dec. 8, 2008- $200,000 insurance fraud;
- Dec. 31, 2008 - $53,000 insurance fraud;
- Feb. 18, 2009 - $27,000 insurance fraud;
- April 15, 2009 - $40,000 insurance fraud
- March 23, 2010 - $180,000 insurance fraud;
- Oct. 14, 2010- $150,000 insurance fraud; and
- March 28, 2011 - $135,000 insurance fraud.
Grant lived and worked in Milledgeville for many years before relocating. His last known residence is listed as a Roswell, Ga. address.