Properties located in the Houston and Dallas-Fort Worth areas were involved in the alleged scheme. There are some local victims, but others are from as far as California.
Ray Bloom is one local man who got caught up in the scheme. He said he gave Gibson about $200,000 to buy investment properties around the Houston area and now does not have any of that money or any of the deeds to the promised property in his name.
"We want to know, 'Where is the money? What's happening with all of this money that's being taken?' None of the properties were ever deeded to us. We were promised a deed for months and months and months and it was always a different story. He's in the hospital. He's sick. COVID, that was a big one," Bloom said.
Bloom said looking back, there were red flags throughout the process. However, he said Gibson was convincing and personable, making them believe they would be getting these properties. "He did actually give us a refund on one of our properties. So, we felt a little more comfortable. So, we bought other properties from him. Eventually, he wrote us a hot check for $117,000, and, you know, we were really livid then," Bloom explained."At the time this new scam was being run, the most recent one that just ended earlier this year. He was actually out on bond for doing this same thing, with a little subtle difference, to another set of victims.
If convicted, Gibson could face five years to life. For Ray and his family, this is an expensive lesson learned in trusting your instincts.For now, Gibson is held in the Harris County Jail with no bond. He will have a bond hearing in 60 days.
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