Kimberly Humphrey, former Executive Vice President of Prime Capital Ventures, has officially pleaded guilty in federal court to charges of wire fraud and healthcare fraud, becoming the second high-ranking executive to admit wrongdoing in the ongoing federal probe into the firm’s financial practices.
Her plea follows that of Christopher Snyder, the former COO and her brother, who pleaded guilty in May 2025. Both cases further build pressure on Kris Roglieri, the founder and CEO, who remains jailed awaiting trial on multiple federal wire fraud charges tied to what prosecutors describe as a multi-million dollar Ponzi-style scheme.
🔑 Key Points
Defendant: Kimberly Humphrey (also known as Kimberly Owen)
Role: Former EVP of Prime Capital Ventures
Charges:
Wire fraud – misused customer loan deposits from 2022 onward
Healthcare fraud – defrauded Medicaid and TRICARE via two pharmacies
Maximum Penalty: Up to 30 years in prison (20 for wire fraud, 10 for healthcare fraud)
Potential Sentencing Reduction: Possible due to early plea and cooperation
Location: U.S. District Court, Albany, NY
🗓️ Important Dates
May 2025 – Christopher Snyder pleads guilty to conspiracy to commit wire fraud
June 2025 – Kimberly Humphrey pleads guilty to wire and healthcare fraud
Sept 16th - Christopher Snyder sentencing hearing
October 2025 – Sentencing hearing for Kimberly Humphrey (exact date TBD)
January 2026 – Trial expected for CEO Kris Roglieri
📌 What’s Next
Humphrey’s sentencing is set for October 2025. The case is part of a broader investigation into Prime Capital’s collapse and the alleged misuse of millions in investor and client funds. Prosecutors are expected to file additional charges as the case develops.
Stay tuned as we continue to monitor updates on sentencing outcomes and the upcoming trial of Kris Roglieri.
