Fraud Friday — Judge Refuses to Release Kris Roglieri on Bond Due to Angry, Vengeful, Violent Threats
February 6, 2025
Bob Coleman
Founder & Publisher
Fraud Friday — Judge Refuses to Release Kris Roglieri on Bond Due to Angry, Vengeful, Violent Threats
Yesterday, a federal appeals court denied Kris Roglieri’s appeal for bond and ruled he is to be jailed until his trial on five counts of loan fraud.
The accused $100 million Ponzi schemer was ruled a danger to himself and to the community.
The judge writes:
“The court has rarely seen such degrading, threatening, and worrisome communications in the context of a financial fraud case. Defendant did not mince words in his text messages; he communicated precisely how he was feeling: angry and vengeful. He stated he did not care about authority and discussed the use of guns and physical violence against the specific individuals he was angry toward.”
The former concealed gun carrying permit holder has been held in a county jail since May of last year.
He is also facing additional New York state weapons charges after the FBI seized an AR-15 assault rifle with a high-capacity ammunition magazine.
The specific loan fraud charges stem from a $5 million cash deposit that was supposed to be used as prepaid interest for the construction of a $100 million Minnesota egg farm.
Prosecutors have alleged Kris diverted millions of customer deposits to support his lifestyle:
- $11 Million in Luxury Vehicles
- $4.4 Million in Luxury Watches, Jewelry and Antiques
- $835,000 in Private Jet Travel
But, the defense wants him out of jail.
They petitioned, “How can uncorroborated claims of unrecorded statements from an antagonistic witness overcome Mr. Roglieri’s 44 years of consistent history of non-violent behavior and having been professionally assessed by two psychiatrists who found that he represents, at most, a minimum risk of violent behavior?”
Says the judge, “The answer is simple: the Court is taking Defendant at his word. Defendant’s statements include the following:
- “You f*** with the hand that feeds you and you’re gonna get f***ed up the a** royally”;
- “I don’t give a f*** abou[t] the cops”; “I’m f***cking gonna wack anybody that comes after me”; “You wanna come after me with guns you gonna get the same”;
- “I feel myself getting angry and vengeance to those that are doing this . . . . Including the attor[n]ies, judge, receiver, etc.” “I don’t play by the rules . . . Never have and never will . . . . And that’s dangerous as I feel myself getting to that point with all involved against me.”
A trial date has not yet been set.