KANSAS CITY, Mo. — Two deaths in about as many weeks at a Northland home created a mysterious situation, only made more curious by the fact that the FBI was conducting a search on Tuesday morning when Mark Sellers took his own life.
But one attorney in Chicago says the mystery behind these deaths could be an alleged fraud scheme run by Sellers. Andrew Stoltmann says he’s representing 10 clients so far who say Sellers defrauded them of tens of thousands, some even hundreds of thousands of dollars.
The company Sellers reportedly operated was Selden Companies, LLC. Stoltmann says two-and-a-half months ago, his first clients in the case contacted him, claiming Selden was a scam.
“We haven`t concluded our investigation yet, but the Selden Company certainly has all of the hallmarks of a fraudulent investment, possibly even a Ponzi Scheme,” said Stoltmann. “We think it`s really nefarious, and we think there`s going to be over 50 victims.”
The company had an office on the Plaza when it first registered with the Missouri Secretary of State’s office in 2008. According to paperwork from its filing with the Secretary of State, the company was formed in Delaware, where it was reportedly in good standing.
While no lawsuits have been filed against Selden companies or the Sellers at this point, Stoltmann says one will likely be filed in about two weeks.