DECATUR, Ga. (AP) — Federal prosecutors say a metro Atlanta man who campaigned for a seat on the DeKalb County Superior Court has pleaded guilty to defrauding investors.
Officials say 35-year-old Michael Rothenberg pleaded guilty Wednesday to taking $1.35 million from the WinterHawk Energy and Development Corporation and using it to fund his campaign and pay personal expenses.
Officials say Rothenberg told the company's owners the money was an investment that would be put into a trust account, and the investment involved no risk.
Prosecutors say Rothenberg sent the WinterHawk owners fraudulent bank statements to try convincing them the investment was real and returned portions of their money when they demanded it.
Authorities say Rothenberg ultimately spent about $800,000 of their money.
Rothenberg's sentencing is set for Nov. 18.
Created: Wed, 11 Sep 2013 05:16:17 EST
Updated: Wed, 11 Sep 2013 05:16:17 EST