CHARLESTON, W.Va. (WCHS) — Theodore “Teddy” Miller, a self-proclaimed millionaire and controversial figure on social media, was arrested by federal authorities on Friday following an FBI wire fraud investigation. Miller, 34, of South Charleston, is accused of scamming a man out of $20,000 by falsely claiming ownership of two Charleston properties and offering a fraudulent investment opportunity.
Miller, who refers to himself as “The Wolf of West Virginia,” drew widespread criticism in 2020 for his controversial promotion of a downtown Charleston bar, The Sorority, which featured female bartenders dressed in revealing schoolgirl uniforms.
According to the FBI, Miller’s scheme targeted a victim identified as “C.T.,” who saw a TikTok video promoting a dry-storage lot investment on Bigley Avenue in Charleston. Miller claimed the project would yield a 23% return and promised the victim partnership in the property. However, the properties were owned by another entity, and Miller had no legal control over them. Despite C.T. wiring $20,000 to Miller’s company, Bear Industries, the project was never completed, and the victim’s investment was never returned.
Court documents reveal that Miller used the investment funds for personal expenses, including mortgage payments and employee salaries. He now faces multiple federal charges, including wire fraud, and remains in custody pending a preliminary hearing.
Miller’s hearing is set for Thursday, where the court will determine whether he poses a flight risk or obstruction of justice.