Arraignment postponed for suspect in fraud case

Just over two weeks after his arrest, the former head of Valley Investments is still without an attorney.

Philip Lochmiller, 61, was ordered Monday to return to court on Thursday, by which time he may have a court-appointed attorney willing to take his case.

U.S. Magistrate Judge Gudrun Rice said she’ll ask for the appointment of a Denver-based attorney, after local attorney Stephen Laiche on Monday said he couldn’t commit to represent Lochmiller.

Laiche’s departure from the case comes on the heels of local attorney Marna Lake’s decision last week to withdraw, saying she was unable to commit to a possible monthlong trial in Denver. Shortly after Lochmiller’s arrest on Dec. 16, federal public defenders said they could not represent him because of a conflict of interest.

Assistant U.S. Attorney Michelle Heldmyer said she still intends to file a motion seeking to keep the trial in Grand Junction.

Lochmiller and his son, Philip Lochmiller Jr., 38, and a Valley Investments employee, Shawnee Carver, 33, are accused of defrauding roughly 400 investors out of $31 million.

They are free on personal-recognizance bonds.


Commenting is not available in this channel entry.

  • Newspaper Routes

    BUSINESS OPPORTUNITYWould you like to deliver newspapers as an Indep...

  • Manager

    CSU's Southwestern CO Research Center, Yellow Jacket, CO, seeks a to coo...

  • Rn, Lpn Or Ma

    4-5 days/week in Medical Specialty office w/benefits.Experience r...

  • Operators

    Total is offering employment opportunities for Operations Personnel a...

  • Accountants, Full-charge Bookkeeper

    Chadwick, Steinkirchner,Davis & Co., a dynamic, profes...

  • Independent Contractor

    BUSINESS OPPORTUNITYWould you like to deliver newspapers as an Indep...

Search More Jobs

734 S. Seventh St.
Grand Junction, CO 81501
970-242-5050; M-F 8:00 - 5:00
Subscribe to print edition
Advertiser Tearsheet

© 2016 Grand Junction Media, Inc.
By using this site you agree to the Visitor Agreement and the Privacy Policy