An Oro Valley man was arrested Tuesday on federal charges accusing him of defrauding investors out of more than $10 million in a firearms business scheme.
40-year-old Brandon Aaron Kreutz, formerly known as Brandon Aaron Moushey, was arrested Tuesday after being charged by criminal complaint with Wire Fraud and Money Laundering. Kreutz made an initial appearance Wednesday in federal court.
Kreutz is alleged to have operated under business names Brandon Kreutz Custom LLC, Brandon Kreutz Custom LLC, dba BKC Firearms, Balor Defense LLC, Vice Manufacturing, and Vice Fitness Inc., and defrauded three victims of approximately $10.9 million between May 2023, through the present.
According to the Department of Justice complaint, Kreutz told victims he was a former U.S. Government subcontractor and holder of a patent-pending firearms device with contracts to produce it. He further told the victims that he was party to multi-million-dollar contracts with foreign governments for the purchase of the device.
Kreutz allegedly made false claims to secure loans from the victims, saying that loan proceeds would be used to fund the device’s production and sale to the foreign entities, ultimately yielding high returns and repayments of the loans. In reality, Kreutz did not apply for a patent on the device nor had the equipment to produce it. Furthermore, he had not secured manufacturing contracts nor lucrative contracts to purchase the device.
Instead, the funds were used on a million-dollar personal residence, upgrades to the residence, dozens of luxury and exotic vehicles, a race car and membership in a racing club, travel, and firearms and accessories. Kreutz further concealed some of the victims’ funds in health and wellness business ventures and bank accounts owned by close associates.
Anyone with information regarding this alleged scheme or who may have fallen victim to the scheme are encouraged to contact the FBI at 1-800-CALL-FBI or online at tips.fbi.gov.
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