Trial Date Set for Ex-Navy SEAL Facing Theft Charges

A trial date is set for a former Navy SEAL accused of stealing more $1 million from 11 active and retired SEALS after getting them to invest in his money-lending business.

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    NBC 7's Elena Gomez reports on the case of Ex-Navy SEAL Jason Mullaney who is accused of stealing more than $1 million from former military colleagues in San Diego. (Published Monday, Jul 21, 2014)

    Attorneys for an ex-Navy SEAL could not persuade a judge to reduce their client’s $1 million bail as he awaits trial on allegations of stealing from his military comrades.

    Jason Mullaney, 42, was described by supporters as “a standup guy” after his court hearing in downtown San Diego Monday.

    Navy SEAL Accused of Stealing $1.1M

    [DGO] Navy SEAL Accused of Stealing $1.1M
    A judge will decide Monday if former Navy SEAL Jason Mullaney will stand trial for stealing more than $1.1 million from 11 people. NBC 7's Matt Rascon reports on the progress of Mullaney's preliminary hearing. (Published Monday, Jul 7, 2014)

    Prosecutors say Mullaney convinced 11 active and retired Navy SEALS and a family friend to invest in his money-lending business Trident Financial Holdings and Acquisitions.

    A former friend says he invested $50,000 but received nothing in return.

    At a pretrial hearing, an FBI investigator claimed Mullaney also transferred money from his business account to his personal account.

    However, the ex-Navy SEAL denies the allegations and entered a not guilty plea Monday to the 29 felony allegations against him.

    The defendant’s friend, Nick Hawks, said the case is all just a misunderstanding.

    “He's always been a super hard charger. He’s always been a really good guy, always been the guy who can do everything and people look to as ‘Hey, can this guy help me out,’” Hawks said. “I think guys just got caught up in that and it went south”.

    Mullaney’s attorney argued the military veteran was not a flight risk and served honorably in the U.S. Navy but the judge denied a bail reduction request.

    Trial is set to begin September 2.

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