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According to court records, the formerly well-respected businessman has been accused of abusing state laws to illegally obtain funds that were intended to go to his company.
Prosecutors believe Kromer used his position of power to siphon away money that was intended to go towards business projects. In all, it’s believed that millions of dollars were transferred away from the company and into private bank accounts. Prosecutors secured evidence to suggest that multiple money transfers occurred during a period of several weeks that totaled around $7 million.
These transfers originated from a Uprise business account that received financial funds directly from the Nevada Department of Transportation.
This money was intended to go to Uprise and fund the installation of fiber-optic internet in Lovelock. Instead, it seems that $7 million out of the $9 million was sent over to a personal bank account.
When Uprise’s hired contractor completed his mission and realized the funds were not in the account to pay him, he sued Uprise and Kromer specifically. That pending civil lawsuit is on hold until Kromer’s criminal case is resolved.
So far, Kromer has completely denied all the allegations against him. Right now, he’s facing 31 counts and has pleaded not guilty to all of them. His trial is set to begin on June 2, 2027. In the meantime, Kromer has satisfied a $700,000 bond out of his $7 billion bail amount to stay out of jail. He will remain on house arrest with GPS monitoring.
When journalists attempted to reach out to Uprise for comments regarding the situation, they were met with a phone message that stated the company has gone out of business.
If you’re facing criminal charges, then you might instinctively believe that pleading not guilty and fighting off your charges no matter how long it takes is your best legal path. While that might sometimes be the case, it isn’t always true. The right legal direction to take in your case will hinge on the specific circumstances of your arrest and the evidence prosecutors have against you.
For instance, it can be beneficial to plead guilty to lesser charges and accept a plea deal in some situations where prosecutors have ample evidence against you. It can also be a good strategy when the charges you’re facing are extreme. In these cases, dragging out the verdict by demanding a trial could result in even more severe penalties.
That said, it’s always best to consult with a legal representative before entering into a plea. Hiring a legal advocate ensures that your rights will be upheld and your best interests will be considered throughout the process. Your lawyer will consider the circumstances of your case and go over your different options with you.
Here at LV Criminal Defense, our team of attorneys is prepared to fight for you. Schedule a free call with us now by leaving your contact details on our online form.
