Andrey Hicks, a guest at the Kardashian-Humphries wedding, was arrested this weekend for an alleged $1.7 million investment scam.
Humphries has lost hundreds of thousands of dollars in the scam, according to TMZ.
A Humphries representative told US Weekly:
“Kris Humphries is the victim of an investment fraud. He is working with law enforcement authorities and will not have any further comment until the matter is resolved.”
Hicks was accused of lying to his investors about his credentials and could go to jail for up to 20 years and face up to $250,000 in fines.
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