Wichita resident Jeffrey Lopez, a former insurance agent, convicted of two felonies in 2001, had his probation revoked and was ordered to serve a prison sentence.
Kansas Securities Commissioner Chris Briggs says that Lopez continued to solicit money for fraudulent investments. Those charges were filed in Montgomery County District Court last November, and Lopez pleaded guilty to three felony counts: one count each of securities fraud, violation of an administrative order of the Securities Commissioner and theft by deception.
Lopez was on probation for two felony convictions made in 2001 for securities fraud in Butler County.
Montgomery County District Court Judge Judd Dent sentenced Lopez to the maximum term allowed by sentencing guidelines, which totals 73 months.
Butler County District Court Judge Charles M. Hart revoked Lopez’s probation and reinstated an 18-month sentence for the 2001 convictions.
The Montgomery County sentence will run consecutive to the Butler County sentence, according to an account by the Associated Press.
Source: Associated Press
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