Bowling Green man among 2 charged in alleged scheme involving millions of dollars

ROCKFORD, Ill. – A Bowling Green man is one of two people facing charges after officials say they fraudulently obtained millions of dollars from investors and customers in the United States.

Mark Carroll, 47, of Lexington and Luke Curry, 36, of Bowling Green have been indicted on six counts of wire fraud, according to officials.

Carroll and Curry were each arrested last week in Kentucky.

According to the indictment, both men created multiple limited-liability companies in 2018 and 2019, including Catapult Marketing, LLC and Catapult Funding LLC. The indictment further states the two men fraudulently gained millions of dollars from victims.

Officials say Carroll and Curry allegedly offered a line of credit to victims for the victims’ initial deposits of about 20% of the loan facility but never funded the line of credit, officials say. The indictment also alleges both men fraudulently entered into private loan agreements with victims where Carroll and Curry falsely promised to repay the principal and interest at maturity in exchange for the victims’ loan funds, including guaranteeing rates of return.

According to the charges, Carroll and Curry did not pay the guaranteed rates of returns and did not pay the victims in accordance with the terms of their agreements.

Each count of wire fraud carries a maximum sentence of 20 years in federal prison, according to officials.