November 27, 2014
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.
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