Idaho Investment Adviser Accused of Bilking Montanans
Prosecutors from the Montana State Auditor’s Office have filed several felony fraud charges against an Idaho man who they say bilked several Northwest Montanans out of more than $1 million over the last four years.
Kip Hartman, who operates Kootenai Valley Tax, a tax service business in Troy, was charged with exploiting an older person, selling insurance without a license, working as an investment adviser without a license and securities fraud.
Hartman, 34, also has an office in Bonners Ferry, Idaho. According to a previous Western News story, Hartman has been in the tax and financial services business for 13 years.
In May, a 69-year-old Troy woman told investigators that Hartman told her to sell her father’s annuity, which would have earned her an inheritance of more than $2 million, and to buy an annuity from Hartman.
Read more: https://www.dailyinterlake.com/local_news/20190614/idaho_investment_adviser_accused_of_bilking_montanans