Former Prime Capital EVP Kimberly Humphrey Pleads Guilty in Case Linked to Kris Roglieri

June 13, 2025

Bob Coleman
Founder & Publisher

Former Prime Capital EVP Kimberly Humphrey Pleads Guilty in Case Linked to Kris Roglieri

Kimberly Humphrey, former Executive Vice President of Prime Capital Ventures and the alleged girlfriend of founder Kris Roglieri, has pleaded guilty to wire fraud and health care fraud in U.S. District Court in Albany, New York.

She’s the second top Prime Capital executive to fall as she joins her brother, former COO Christopher Snyder, who pleaded guilty last month to conspiracy to commit wire fraud.

According to court filings, Humphrey admitted that Prime Capital collected borrower funds for multimillion-dollar loans it had no ability or intention to fund. One case involved a $20 million loan for a company called Indigo Pharmaceuticals. The money was collected upfront. Humphrey warned Roglieri the deal couldn’t be done.

“You have no way to get them funded in 60 days,” she wrote in an email submitted into evidence. “Do not sign the docs.”

Roglieri ignored the warning and signed the loan documents anyway.

The $20 million was wired to an unnamed hedge fund. According to the defense, the hedge fund never returned the funds. Prosecutors say that didn’t stop Prime Capital from continuing to collect fees from new borrowers, knowing that there was no money available to lend.

Text messages obtained by investigators show the scheme was unraveling by late 2022. In one exchange with her brother, Humphrey wrote:

“Everyone requested ICA and due diligence fees back. People are getting nervous and we can’t come back from it. There are lawsuits all over.”

Federal prosecutors allege those deposits (ranging from $25,000 to over $1 million) were used to cover salaries, refunds, and other business expenses. In January 2023, Humphrey allegedly used borrower funds to purchase a $3.8 million home in Virginia Beach.

Humphrey also pleaded guilty to a separate health care fraud scheme involving two pharmacies she operated. The pharmacies submitted false claims to TRICARE, the health care program for military service members and their families. The court set restitution at just under $500,000.

As part of her plea deal, Humphrey agreed to cooperate with prosecutors. She faces significant prison time and waived her right to appeal if sentenced to fewer than 97 months.

Meanwhile, Roglieri remains in federal custody without bond. With both Humphrey and her brother now cooperating, Roglieri is increasingly isolated.

According to reporting from the Albany Times Union, more indictments may be on the way.

The Justice Department’s message is clear: Lie to borrowers or misuse their money, and you’ll be held accountable.

Source: Albany Times Union