|Jacksonville insurance salesman pleads guilty|
|News - St Augustine Area & St Johns County|
JACKSONVILLE — A Jacksonville insurance salesman has pleaded guilty to running an investing scheme that defrauded $4 million from school teachers and administrators.
Anderson Scott Hall pleaded guilty Friday to two counts of mail fraud, a single count of wire fraud and a single count of money laundering.
He faces up to 80 years in prison when he is sentenced in federal court.
Federal authorities say Hall defrauded more than 50 investors, and a significant number of those investors were Duval County teachers and administrators.
Read entire article: Jacksonville insurance salesman pleads guilty