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A former real estate broker faces up to 80 years in federal prison after pleading guilty to four counts of wire fraud. So reports the Jacksonville (Fla.) Daily Record.
Robert Hendricks, 64, of Ponte Vedra, Fla, has agreed to pay almost $2.7 million in restitution to victims.
Hendricks allegedly told two of the victims he had done well in commercial property development and was seeking investments for another deal, but then used the money for himself.
Read the full article from the Jacksonville (Fla.) Daily Record.
