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Ohio State Representative Investigated

Pete Beck is a state representative out of Warren County.  He's also the head of the State Ways and Means Committee. Thursday, that same Pete Beck was the focus of a grand jury in Hamilton County.

We first told you about the allegations surrounding Beck last November in an Exclusive Local 12 News Investigation.

It examined his connections to an investment company and a controversial Tri-State church.

Local 12's Rich Jaffe broke that story shares the latest information.

For the last few months, Pete Beck has been the focus of an investigation by state securities investigators and the states Bureau of Criminal Investigation.

They've been looking at charging Beck and others with securities fraud and theft based on investor complaints that they lost millions of dollars through an investment company called TML.

It's a company to which Beck was very clearly connected. Tom Lysaght founded TML Consulting, which allegedly got investors to pour millions of dollars into bogus companies.  Investors say hundreds of thousands of those dollars went to fund the Linwood church led by Lysaght's wife Janet Combs. It's called Ark by the River.
In an exclusive interview, Peter Beck admitted he was the accountant for both the church and TML. But he was also much more. He was the chief financial officer for one of the companies called Christopher Technologies.

Initially Beck refused to answer my questions. Then a month later he claimed he's not a criminal but one of the victims in the case.

Peter Beck, August 24, 2012:
"THAT'S YOUR CARD PETER BECK...CHIEF FINANCIAL OFFICER...DID YOU WORK FOR THEM OR NOT? I'm not in a position to answer any of those questions."

"I feel that I was used in this whole process that I was taken advantage of just like everybody else."

Pete Beck continues to maintain his innocence.  His attorney sent out a statement saying in part,quote
"the charges are unsupported. Mister Beck is being blamed for the errors or wrongdoing of others. The primary target of the investors, Tom Lysaght is dead. The secondary target, John Fussner is bankrupt. Consequently law enforcement, based on inaccurate information, has cast a broad net to attempt to remedy the unfortunate business losses of the investors."

As the case continues it's extremely likely that other people will also become the focus of the grand jury.

Beck's attorney says Beck will surrender to face the charges and then mount a "vigorous" defense.   



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