A Las Vegas Valley real estate investor and former congressional candidate who was indicted by federal authorities in an alleged embezzlement scheme has been indicted again.
An indictment unsealed Thursday in Clark County District Court charges Rick Kiran Saga with felony theft of $100,000 or greater and 12 counts of using a monetary instrument derived from unlawful activity. A copy of the indictment indicates Saga, through a business entity known as 1909, LLC, received $650,000 from Nevada to perform construction work on a behavioral health and homeless health care facility that Saga owned at 1909 S. Jones Blvd. in Las Vegas.
“He failed to use the entrusted monies for tenant improvements pursuant to the terms of the Contract, never completed the tenant improvements pursuant to the terms of the Contract, never completed the tenant improvements and failed to issue the State of Nevada a refund,” according to the indictment.
The case is being prosecuted by the Nevada Attorney General’s Office, which declined comment. Attempts to reach both Saga and his attorney in his pending federal case were not successful Friday. State court records do not list an attorney for Saga in that case.
Earlier this year, Saga ran unsuccessfully in the Republican primary for Nevada’s 1st Congressional District. The website for his candidacy refers to him as “Indicted Rick Saga” and said if elected he wanted to create a better future for Nevadans while fighting corruption.
This included investigating possible corruption “including the misuse of state and federal funds.”
In May 2025, the Nevada U.S. Attorney’s Office said Saga, then 53, and another man, David Ryan Linden, then 36, were indicted on charges of conspiracy, federal program theft, money laundering, money transactions in criminally derived property and one count of false document. Linden is identified in the release as the former chief executive officer of Silver State Health Services.
The press release said the indictment stemmed from allegations of a $2 million embezzlement of federal grant money intended for health care items, benefits and services meant for the indigent in Las Vegas. Prosecutors said the stolen grant money was used to “purchase commercial real estate properties.”
The charges against both men are still pending, according to online court records. A trial in the federal case is scheduled for December.
Contact Glenn Puit at gpuit@reviewjournal.com.
