Home » NEWS » Woman sentenced for bilking investors for bogus businesses

Woman sentenced for bilking investors for bogus businesses

FAYETTE — A Natchez woman will spend 10 years behind bars for her part in a business scheme that reportedly bilked an investor by never opening the business into which the victim poured their money.

The Natchez Democrat reports Emily Sanders was sentenced in Jefferson County Circuit Court to probation for her October conviction on two counts of false pretense.

The sentencing magistrate, Judge Lamar Pickard, also ordered Sanders to pay $132,000 in restitution.

Officials say she had allegedly told a Jefferson County resident she was looking for a business investor. Sanders reportedly told the investor she had already collected three-quarters of the funds needed.

However, the business reportedly never opened, and even though the money was supposed to be put into an escrow account, that never happened.


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

Leave a Reply

Your email address will not be published. Required fields are marked *