Missouri man admits to financial exploitation, stealing

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

JACKSON, Mo. (AP) _ A southeast Missouri man has pleaded guilty to nine counts of financial exploitation of the elderly and stealing by deceit.

The Southeast Missourian reports that 55-year-old Keith Lars Monia of Cape Girardeau faces sentencing Oct. 31. As part of a plea agreement, he could face up to 30 years in prison.

Authorities say the nine victims entrusted Monia to invest amounts ranging from $10,000 to $120,000. He pleaded guilty to stealing $517,500.
___
Information from: Southeast Missourian