Apr 24, 2014 2:43 PM
GALVESTON, Texas (AP) - A South Texas woman who scammed financial clients by using an actor pretending to be a wealthy investor has been sentenced to more than three years in prison.
A federal judge in Galveston on Thursday sentenced Kimberly Fontenot of Brazoria County on fraud convictions and ordered her to repay more than $115,000.
Prosecutors say about 20 people were victims in the wire and identity fraud scheme associated with a firm called Stellar Grants Inc.
Investigators say Fontenot in 2012 lured clients by falsely claiming to know numerous wealthy people - she called them "angel investors," but barred the victims from contacting them.
Authorities say Fontenot hired a voice actor to impersonate the bogus investors during conference calls.
(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
55 minutes ago
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