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Columbus Man Pleads Guilty in $640K Blue Logic Investment Fraud
Read the full articleTom Mitchell Manning pleaded guilty to five felony charges for defrauding central Ohio investors of more than $640,000 through Blue Logic Capital LLC. State regulators found investor funds were diverted for personal use, while sentencing in Franklin County Common Pleas Court remains unscheduled.
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Columbus man guilty of swindling $640,000 from residents
Supporting evidence (3)
In Columbus, Tom Mitchell Manning, 59, has pleaded guilty to swindling more than $640,000 from at least five central Ohio residents, closing out a criminal case that once carried 26 felony counts.
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Tom Mitchell Manning, 59
In Columbus, Tom Mitchell Manning, 59, has pleaded guilty to swindling more than $640,000 from at least five central Ohio residents, closing out a criminal case that once carried 26 felony counts.
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has pleaded guilty to swindling more than $640,000 from at least five central Ohio residents.
In Manning's case, court records show the theft charge was prosecuted as a second-degree felony.
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Tom Mitchell Manning, 59, pleaded guilty earlier this week to one charge of theft from a person in a protected class, a second-degree felony; false representations in the sale of securities, a third-degree
https://hoodline.com/2026/10/columbus-man-pleads-guilty-in-640k-luxury-senior-home-investment-scam/
Supporting evidence (7)
In Columbus, Tom Mitchell Manning, 59, has pleaded guilty to swindling more than $640,000 from at least five central Ohio residents, closing out a criminal case that once carried 26 felony counts.
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closing out a criminal case that once carried 26 felony counts.
State records confirm that Tom Manning, 58, of the city's North Side, entered guilty pleas to five felony counts, including theft from a person in a protected class, false representations in the sale of securities, and three counts of sale of unregistered securities.
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Tom Manning, 58, of the city's North Side, entered guilty pleas to five felony counts, including theft from a person in a protected class, false representations in the sale of securities, and three counts of sale of unregistered securities.
In December 2021, Manning announced plans for ultra-luxury residential assisted living facilities.
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Back in December 2021, Manning announced plans for ultra-luxury residential assisted living facilities, according to Columbus Business First.
Under that venture, Blue Logic Capital directly owned a property at 3465 Snouffer Road near Dublin, which was earmarked as the first phase: a 16-room luxury memory-care facility.
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Blue Logic Capital directly owned a property at 3465 Snouffer Road near Dublin, which was earmarked as the first phase: a 16-room luxury memory-care facility, per the same Columbus Business First report.
Under Ohio Revised Code Section 2913.02, theft from a person in a protected class applies when a victim is an elderly individual, a disabled adult, an active-duty service member, or a service member's spouse — a designation that bumps standard theft penalties up to higher felony degrees.
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Under Ohio Revised Code Section 2913.02, theft from a person in a protected class applies when a victim is an elderly individual, a disabled adult, an active-duty service member, or a service member's spouse — a designation that bumps standard theft penalties up to higher felony degrees, according to the Ohio Revised Code.
Sentencing details for Manning, along with the exact restitution amount that Franklin County Common Pleas Court may order, have not yet been made public.
The Ohio Investor Recovery Fund allows victims of securities law violations to apply for partial state financial relief, according to the Ohio Department of Commerce.
https://www.yahoo.com/news/us/articles/columbus-man-pleads-guilty-allegedly-002220875.html
Supporting evidence (9)
A Columbus man pleaded guilty on Tuesday to several charges after reportedly defrauding investors of nearly $700,000.
Manning was indicted on Sept. 10, 2024, and Dec. 11, 2024, following an investigation conducted by the division, the release says.
The Franklin County Prosecutor's Office is assisting with the case.
According to the indictments, Manning solicited at least five central Ohio residents to invest more than $640,000 in promissory notes issued by his company, Blue Logic Capital LLC, for purported projects.
The projects included the purchase, renovation and resale of a residential home, development of a revolutionary new oil pump and construction of luxurious residential assisted living homes, the release says.
The division said Manning misappropriated investor funds for his own personal use, as well as to repay other investors.
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The division said Manning misappropriated investor funds for his own personal use, as well as to repay other investors. He also allegedly omitted material facts from investors, and the promissory notes were not properly registered with the division for sale in or from Ohio.
Regulators also found that Manning omitted material facts from investors and that the promissory notes were not properly registered with the division for sale in or from Ohio.
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The division said Manning misappropriated investor funds for his own personal use, as well as to repay other investors. He also allegedly omitted material facts from investors, and the promissory notes were not properly registered with the division for sale in or from Ohio.
"Ohioans place their trust in those professionals who offer financial opportunities, and when that trust is violated, the consequences can be devastating to investors," said Ohio Securities Commissioner Andrea Seidt.
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"Ohioans place their trust in those professionals who offer financial opportunities, and when that trust is violated, the consequences can be devastating to investors," said Ohio Securities Commissioner Andrea Seidt. "We will continue to work diligently to protect investors, uphold the integrity of our markets, and ensure that those who misuse Ohioans' hard‑earned money are held accountable."
The Ohio Division of Securities encourages Ohioans with any questions or concerns about investments or financial advisors to contact the agency at 614-644-7381, sgeneral@com.ohio.gov or by completing its online contact form here.