Ted Hogan, a member of the Crow
Tribe of Montana whose business activities have been under scrutiny, was fined in Virginia for defrauding investors.
Hogen was ordered to pay $95,000 in civil penalties plus $13,117 for the cost of an investigation by the Virginia State Corporation Commission. If he repays the investors, the fine will be waived.
Hogen promised investors millions of dollars in a mineral development project on the Crow Reservation. The commission said he received $6.2 million from investors.
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