Man Facing Federal Charges

An Ellicottville man is facing federal charges for allegedly defrauding people of more than 2 million dollars that he said would be invested in a Salamanca business. The FBI says that from October of 2003 through April of 2007 45-year-old Robert Logel executed a scheme in which he would get money from investors by saying it would be used to buy shares in companies. But he didn't use the money to the shares.
One investor is from Western New York; one is from Texas; and one is from California. Logel allegedly told the investors they would be investing in Native Rx.

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