SAN ANGELO – A San Angelo man wanted for swindling customers out of hundreds of thousands of dollars was arrested by Tom Green County Sheriff's Deputies Friday.
According to booking reports, Jordan Velez was booked into jail by Deputies at 9:34 a.m. Friday and is being held without bond. A warrant for his arrest was issued Wednesday.
According to the TGCSO, Velez, age 36, is the owner of Viking Rentals Services and JC Asset Management in San Angelo. Velez is accused of theft of property involving heavy equipment rentals and sales.
After an investigation by the Criminal Investigations Division of the Tom Green County Sheriff's Office, a warrant was obtained for Jordan Velez for the charge of Theft of Property between $150,000 and $300,000.
This offense is classified as a 2nd degree felony, punishable by up to 20 years in the state prison system. Jordan Velez is accused of defrauding eight customers out of $260,000 in equipment and services over the past several years.