Cape Girardeau man facing new felony financial exploitation charges
CAPE GIRARDEAU, MO (KFVS) - A Cape Girardeau man faces 11 new charges in connection with an investment investigation.
Keith Monia 52, faces felony charges of financial exploitation of an elderly or disabled person.
Court documents show Monia is accused of taking $300,000 total from four different people.
Investigators say from 2007-2013, Monia convinced the victims that he was investing their money or in one case, buying a modular home for the victim.
Police say all of the victims are from Cape Girardeau County.
Investigators say Monia had supposedly represented an investment life holding company after he no longer worked for them. Monia reportedly was terminated from the company in February 2011, according to a company spokesperson.
A representative of the company told police Monia was issued a "cease and desist" letter in March 2013 after the company learned he was still representing himself as their agent.
Monia is also accused of altering applications he provided to clients.
Monia was previously charged with two counts of financial exploitation of the elderly and two counts of forgery back in April.
He is scheduled to be in court on Thursday, August 8 in Benton, Missouri.
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