Sugar Land police have arrested Steven Lavine, 57, of Sugar Land, for multiple counts of felony theft and money laundering in a multi-million dollar scheme that victimized more than a dozen people.
Lavine
Lavine, the owner of THC Technologies in Sugar Land, was arrested Sept. 22, on charges stemming from a 33-count indictment handed down by the Fort Bend County Grand Jury. He is charged with 11 felony counts each of theft, misapplication of fiduciary/financial property and money laundering.
Detectives believe Lavine stole approximately $3 million dollars in cash from at least 13 victims over a four year period. Lavine is accused of operating an ongoing scheme of selling equipment and other property to companies that he did not deliver. The arrest was the result of a 17-month investigation by the Sugar Land Police Department.
Police say additional victims are being identified and more charges are expected to be filed. Lavine is currently being held in the Fort Bend County jail.
Anyone with information should call SLPD at 281-275-2540 or Fort Bend County Crime Stoppers at 281-342-TIPS (8477).
