Gulf Shores man accused of defrauding investors of more than $2.3 million

A Gulf Shores man has been indicted on multiple counts of securities fraud after being accused of fleecing at least nine Alabama investors out of more than $2.3 million.

According to the Alabama Securities Commission, an Alabama grand jury in September handed down a 54-count indictment against George Louis McCaw, 36, the owner of McCaw Construction & Services LLC in Gulf Shores.

Gulf Shores man accused of defrauding investors of more than $2.3 million