03/19/2026 | Press release | Distributed by Public on 03/19/2026 08:17
DENVER - March 19, 2026 - On March 13, 2026, a Weld County jury found Ann Vick of northern Colorado guilty on eight counts of securities fraud following a five-day trial.
Vick, restaurateur of several local establishments including Pinocchio's and Delvickios, was originally indicted on January 25, 2024. Vick touted that she was a successful options trader and solicited investors to send her funds to invest. Vick would then issue promissory notes generally offering investors 5% to 10% returns each month (60% to 120% returns annually). She solicited approximately $3,000,000 from approximately 25 investors for her option trading/promissory note scheme.
Vick commingled investor funds with her personal funds and restaurant bank accounts, used investor funds to pay her credit cards and repaid some earlier investors with funds from later investors. She also misled investors about her investing performance, concealed her trading losses and misrepresented the risks associated with her trading strategies.
After the guilty verdict, Vick was immediately taken into custody pending her sentencing. Vick's sentencing is scheduled for May 21, 2026, at 9:00 a.m.
The Colorado Division of Securities investigated this matter, and the Colorado Attorney General's Criminal Justice/Financial Fraud Unit prosecuted the case.
If you or someone you know has been involved in an investment scam or you have concerns about your financial adviser, contact the Division of Securities at [email protected] or call 303-894-2320.