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Published June 10, 2013, 05:12 PM

Former Fargo investment broker pleads guilty to money schemes

Fargo, ND (WDAY TV)-- A Former Fargo investment broker is pleading guilty to bilking 19-investors out of almost a million dollars.

By: WDAY, WDAY Staff Reports, WDAY

Fargo, ND (WDAY TV)-- A Former Fargo investment broker is pleading guilty to bilking 19-investors out of almost a million dollars.

Prosecutors say Robert Medhus created fake account statements and failed to invest clients money.

Prosecutors will ask for an 8-year sentence in prison. Medhus faces 16-felonies.

He'll be sentenced after an investigation is complete.

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