Jacksonville, FL - Murder-for-hire and attempting to murder a government witness- just a few of the convictions for which a Jacksonville man will spend the next 30 years in prison.
Court documents say 60-year-old Paul Kruse and his brother defrauded 21 victims out of $931,844 through an investment scam. The pair would tell victims to move their savings to the brothers’ fake company which the men would tell them was actually open for more than 30 years. Instead of investing the money, however, prosecutors say Kruse would spend it on luxury items for himself.
In 2011 the scheme started unraveling, though, because Kruse hired a personal assistant who- upon witnessing the actions- reported him to the FBI. Kruse’s brother committed suicide not long after.
Records say in 2012 Kruse then hired hit men to murder his former personal assistant, who was going to be a witness in the trial. He also hired hit men to rob and kill two former business partners. The hit men were actually federal agents, although Kruse didn’t know that at the time.
Kruse will also serve 5 years of supervised release and pay $897,960. He was sentenced Tuesday for the February convictions.