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When it is too good to be true


Two Cotton Valley men charged for investment scam

Two Cotton Valley men were arrested this week after allegedly scamming investors out of almost $50,000.

Detectives executed a search warrant Wednesday at the residence of Michael Musgrove, 31, and Ricky Walker in order to obtain record for a fraudulent business that had scammed three victims. When evidence was recovered, Musgrove admitted his involvement.

Musgrove said he had forged a buyer’s order from Peterbilt Motors Company in order to get the victims to invest in his fraudulent company.

One victim invested $30,000, a second invested $15,000, and the last invested $4,500. Lead detective Scott Tucker said


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