A court forces a Lamesa man to fork over more than 7 million dollars in an investment fraud scheme.
43-year-old Rod Stringer pleaded guilty to money laundering.
He's now in federal prison.
Stringer admitted to running a Ponzi scheme for eight years.
He stole nearly 14 million dollars from about 44 people.
A little more than half of that has been returned to them.
Stringer used the cash to buy things like homes, businesses, and rental properties, even a vacation house.
He ran other businesses in Lamesa including a bail bonds company, a used car lot, and a tow truck business, but investigators say they weren't profitable.