this can happen to fakers
do the time or pay a fine
Frank N. Kautzmann was sentenced today in Warren County Common Pleas Court after he pleaded guilty Sept. 21 to theft. According to the Ohio Division of Securities, Kautzmann sold $30,000 in investments related to a merger and formation of a new company, ANTS Software, Texas. Kautzmann misrepresented the investment and spent investor funds on himself.
In addition to paying restitution, Kautzmann, now of Portage County in Ohio, was sentenced to 11 months in prison, all suspended, and three years of probation