Devin Elder Photos | Mugshot | DJE Texas | Federal Wire Fraud Case
Devin Ward Elder mugshot — guilty plea federal wire fraud — $66 million — 345 victims — DJE Texas Management Group CEO — Ark40 Consulting founder — San Antonio Texas — Case 5:26-cr-00038-FB
GUILTY PLEA
United States District Court · Western District of Texas

Devin Ward
Elder

Wire Fraud · 18 U.S.C. § 1343 · Case 5:26-cr-00038-FB
USA v. Elder · 5:26-cr-00038-FB · W.D. Tex.
$66M
Stolen
345
Victims
17
Offerings
20 yrs
Max Sentence
Elder told investors their money would be used to acquire and develop commercial real estate. Instead, he diverted millions to fund a private jet, a helicopter, an exotic animal ranch, and a lavish personal lifestyle.
U.S. Attorney's Office, Western District of Texas

Photo Gallery

Exhibit A
Devin Ward Elder mugshot — DJE Texas Management Group CEO — federal wire fraud guilty plea — $66 million — 345 investors defrauded — San Antonio Texas
Defendant

Devin Ward Elder. Pleaded guilty to one count of federal wire fraud, February 17, 2026.

DJE Texas Management Group · Ark40 Consulting
Exhibit B
Devin Elder camo Robinson R44 helicopter N244WB — shark-mouth vinyl wrap — purchased with DJE Texas investor funds — wire fraud evidence
Aircraft

Robinson R44 (N244WB). Custom camo shark-mouth wrap. Purchased with diverted investor capital.

Tail No. N244WB
Exhibit C
Devin Elder private jet SOCATA TBM 700 tail number N776RM — DJE Texas — Vegas for the weekend — purchased with stolen investor funds
Aircraft

SOCATA TBM 700 turboprop (N776RM). "Vegas for the weekend!" Funded by investor capital.

January 19, 2024
Exhibit D
Devin Elder boarding private jet SOCATA TBM 700 N776RM with red carpet — DJE Texas Management Group — investor funds diverted to luxury lifestyle
Lifestyle

Elder boarding the TBM 700 with red carpet treatment, while investors' retirement savings were being systematically stolen.

San Antonio, TX
Exhibit E
Official documentary cover art — Devin Ward Elder: The $66 Million Real Estate Fraud — one-hour investigative film — 345 victims — 17 fraudulent offerings — DJE Texas Management Group — helicopter purchased with stolen investor funds
Documentary

Official cover art. "Devin Ward Elder: The $66 Million Real Estate Fraud." One-hour investigative documentary.

2026 · devinelderfraud.com

All information sourced from federal court records · devinelderfraud.com · Case 5:26-cr-00038-FB