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Men with LO ties indicted on fraud charges

Three central Oregon residents with Lake Oswego ties have been indicted on fraud charges June 23.

Mark Neuman, 56, and Lane Lyons, 40, of Bend, and Timothy Larkin, 52, of Redmond, are accused of conspiring to defraud customers of their former business, Summit Accommodators Inc., according to the U.S. Department of Justice's Oregon district.

According to the justice department, the three took part in a scheme from 1999 to 2008, misusing more than $44 million in customers' money and causing them to lose $13.7 million.

Summit Accommodators Inc. was based in Bend but had affiliate offices in multiple cities and states, including in Lake Oswego.

The defunct company's owner Brian Stevens, 55, a certified public accountant from Bend, admitted earlier this year to defrauding customers. He agreed to a sentence of four to eight years in prison, according to the Department of Justice, and his sentencing is scheduled for 9 a.m. Sept. 13

The FBI, the Internal Revenue Service's investigation division and U.S. Postal Inspectors, along with the Oregon Division of Finance and Corporate Securities, are investigating the case.