U.S. Marshals searching for Adairsville native
by Staff Report
May 29, 2011 | 3248 views | 0 0 comments | 10 10 recommendations | email to a friend | print
A nationwide manhunt is underway for a man involved in security fraud.

Rufus Paul Harris, 43, a native of Bartow County, was convicted last week in U.S. District Court in Atlanta for security fraud, wire fraud and conspiracy in connection with a scheme to defraud investors of a publicly traded company known as Conversion Solutions Holdings Corporation.

Harris was on bond and staying at a local hotel during the trial.

Investigation revealed that on May 23 at approximately 6:20 p.m., Harris checked out of the hotel and exited the parking lot in a dark colored minivan.

He failed to report to court the following day and a warrant for his arrest was issued.

Two co-defendants, Benjamin Stanley and Darryl Horton, pleaded guilty to conspiracy while jurors deliberated the case.

United States Attorney Sally Quillian Yates said, "This was a classic stock 'pump-and-dump' scheme. The defendants, the three top officers of a publicly-traded company, pumped up the company's stock price with false claims and inflated financial statements, while they were secretly dumping stock through immediate family."

She said the verdict is a bittersweet victory for victims who believed the defendants and invested and lost money.

Brian D. Lamkin, Special Agent with the Federal Bureau of Investigation, said, "Although defendant Harris chose to flee any further court proceedings, he will soon join his co-defendants in answering for these crimes in that the law enforcement community has already begun efforts to ensure his recapture."

Harris' last known residence was Oklahoma City, Okla.

Marshal's asks anyone with information on Harris' whereabouts to call 404-909-1483.