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Plea Bargain Results in Reduced Sentences for Men Who Defrauded Retirees

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skd284429sdcTwo men, including one from Houston, have agreed to 10-year prison terms for defrauding investors in their life settlements scam out of nearly $30 million.

The Texas State Securities Board says that Howard Judah, of Houston, and Gregory Jablonski, of Colorado, pleaded guilty to defrauding retirees and teachers.

The pleas in Houston were part of a plea bargain. Both men could have gotten 99-year prison terms.

 

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