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Guilty Plea In Investment Scam

Posted on: 5:24 pm, October 21, 2013, by

fraud

SCRANTON — A businessman who had his office in Lackawanna County pleaded guilty Monday in federal court to cheating investors out of $310,000.

August Stile, 49, of Hughestown admits he conned people into thinking they would get a big return on their investments when he actually used the money for himself.

He was indicted on the charges in April.

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