Three people from the area have been named as defendants in a lawsuit alleging violations of Ohio’s charitable and securities laws in connection with an international pyramid scheme that was recently shut down by federal and international authorities.
On Tuesday, the Ohio Attorney General and the Ohio Department of Commerce announced a joint lawsuit and restraining order against Nancy Jo Frazer and her husband, David Frazer; Albert Rosebrock of Sherwood; and their charity, Defining Vision Ministries which was formerly known as Focus Up Ministries, Inc.
The suit, filed in Williams County Court follows findings against the three who were allegedly involved in the international pyramid scheme, Profitable Sunrise.
According to the Bryan Times, the three defendants used funds donated to Focus Up Ministries for personal expenses and other unlawful purposes, including financing for personal business ventures, the purchase of a big screen television, no-interest personal loans, and compensation for agents who solicited on behalf of the Profitable Sunrise pyramid scheme.
The suit, according to the Times, also claims that Profitable Sunrise is not the first scheme Nancy Frazer has been a part of. She was previously involved with Ad Surf Daily, a multi-level marketing company out of Florida, whose founder pled guilty to wire fraud in May 2012.
She currently is involved in Strongbrook Direct, and her position was allegedly purchased with funds donated to Focus Up Ministries.
Documents also indicate Rosebrock has been affiliated with Ad Surf Daily and Zeek Rewards in the past.
Nancy’s husband David is the treasurer of Focus Up Ministries and was the branch manager, until April 2013, of Bryan’s Huntington Bank. It is alleged he used his position at the bank to facilitate the scheme, opening the Focus Up Ministries account and making at least one wire transfer associated with Profitable Sunrise.