Olathe man found guilty of securities law violation, ordered to repay nearly $82,000 in restitution

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OLATHE – (January 12, 2021) – An Olathe man has been found guilty and sentenced for a violation of the Kansas Uniform Securities Act, Kansas Attorney General Derek Schmidt said today. Michael Davin, 64, was sentenced Monday by Johnson County District Court Judge Michael Joyce and ordered to repay $81,296.92 in restitution to a former client on one count of securities fraud. Davin was also sentenced to 48 months of supervised probation. Davin entered a no contest plea on the charge in December and was found guilty by the court. Monday’s sentencing took place with all parties and witnesses appearing by teleconference. Davin was convicted for violating the securities act for failure to provide necessary information to an investor, in this case failing...

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Olathe man found guilty of securities law violation, ordered to repay nearly $82,000 in restitution

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