United States of America v. Daniel Boice

Alexandria, VA - The United States of America charged Daniel Boice, age 41, with five counts of wire fraud, one count of securities fraud, and two counts of money laundering.



The indictment alleged that, beginning in 2015, Boice fraudulently solicited investments in Trustify, a privately-held technology start-up company that connected customers with private investigators. Boice allegedly raised approximately $18.5 million from over 90 investors by, among other things, falsely overstating Trustify’s financial performance. The indictment also alleges that Boice made false statements to investors about the amount of investor funds that he would personally receive, while diverting a substantial amount of the investor money to his own benefit.



The charges in the indictment are merely allegations, and the defendant is presumed innocent until proven guilty beyond a reasonable doubt in a court of law.



The FBI’s Washington Field Office is investigating the case. The U.S. Securities and Exchange Commission provided assistance and is also filing a civil complaint against the defendant for related conduct. Trial Attorney Blake Goebel of the Criminal Division’s Fraud Section and Special Assistant U.S. Attorney Russell Carlberg of the Eastern District of Virginia are prosecuting the case. The department would also like to thank the Virginia State Corporation Commission for its assistance.



Individuals who believe they may be a victim in this case should contact the Victim Witness Services Unit of the U.S. Attorney’s Office for the Eastern District of Virginia at 703-299-3700 for more information.



18:1343 and 2 Wire Fraud FORFEITURE

(1-5)

15:78J(b) and 78ff and 17:240.10b-5 Securities Fraud FORFEITURE

(6)

18:1957 and 2 Unlawful Monetary Transaction FORFEITURE

(7-8)

The charges set forth in the Indictment are merely accusations and do not constitute proof of guilt. Every defendant is presumed to be innocent unless and until proven guilty.