Mortgage owner admits swindling client - 2005-01-12
A Souderton mortgage company owner has pleaded guilty in Montgomery County Court to scamming a Norristown man out of $128,000 in a phony investment scheme.
Edward Schnable Jr., 44, of 405 N. Fourth St., pleaded guilty Monday before county Judge Richard Hodgson to felony charges of theft by deception and securities fraud, and could face prison time or probation.
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