BATH, Maine — A Bath man who allegedly bilked a 90-year-old Brunswick woman out of more than $44,000 was arrested last week and charged with theft and contractor fraud after allegedly defrauding another woman.
Harold Walter “DJ” Maney III, 38, was charged with felony theft by deception and misdemeanor contractor fraud on Wednesday. He was released on $2,500 unsecured bail, Bath Police Detective Sgt. David Beauregard said Monday.
Maney allegedly entered into a contract in December 2013 with the 67-year-old woman to work on her roof. The contract had no end date, Beauregard said, and the work still has not been completed.
In March, Maine Securities Administrator Judith Shaw ordered Maney to stop soliciting investments in his company after he allegedly convinced a 90-year-old woman to give him $47,000 but failed to comply with the conditions he promised in seeking her investment.
Maney, who at the time was doing business as Maney Enterprises Inc., was hired in 2010 to perform repairs on a Brunswick-area home.
While completing the work, Maney convinced the elderly homeowner to invest $47,000 in Maney Builders to expand the business by adding towing services. In exchange for the investment, Maney guaranteed the homeowner a full return on her investment plus $9,000 in interest, Shaw said.
Maney provided the woman with a promissory note, but only made one payment on the debt, for $2,250, leaving an unpaid balance of $44,750 plus the promised interest.
Beauregard encouraged anyone who may have had a similar interaction with Maney to call police at 443-5563.
Maney is scheduled to appear in court on Jan. 13, 2015.