Nye Developer and Former Commissioner Arrested In Land Scheme

LAS VEGAS (AP) - Authorities say a former Nye County commissioner is facing felony embezzlement and securities fraud charges in a land sale scheme.

Henry Neth said Friday he believes the allegations against him and partner Eric Frye were "blown out of proportion," but declined further comment until he hires a lawyer in the case.

Neth was arrested Thursday at his Pahrump home.

A criminal complaint alleges Neth and Frye embezzled $2.4 million from investors in a development near Kingman, Ariz. Prosecutors say the men used the money for personal use.

Frye, of Arizona, faces one count of embezzlement. He could not immediately be reached for comment.

The 51-year-old Neth is a real estate developer in Pahrump. He served on the Nye County Commission from 2000-2004.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 45109382 - kolotv.com/a?a=45109382
Gray Television, Inc.