03/18/2010 05:12 am ET Updated May 25, 2011

Valley Investments co-owner appears in federal court

GRAND JUNCTION, Colo. - A man accused of cheating local investors out of millions of dollars during the past few years, made his initial appearance Thursday in federal court in Grand Junction. Philip R. Lochmiller of Mack is charged with multiple counts of fraud and conspiracy in connection with the failure of

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