Lamesa man sentenced to ten years - KCBD NewsChannel 11 Lubbock

10/2/09

Lamesa man sentenced to ten years

LUBBOCK, TX (KCBD) - A Lamesa man who admitted to defrauding area investors out of millions of dollars will spend the next decade behind bars.

Rod Stringer pleaded guilty to running a ponzi scheme back in July. Friday morning, his sentence was handed down in Lubbock Federal Court. Stringer must now pay more than 7-million-dollars in restitution. Along with jail time, Stringer will be subject to drug and alcohol rehabilitation.

©2009 KCBD NewsChannel 11. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

KcbdToGo.com For Your Cell Phone

Get the latest news, weather, sports and more on your mobile phone or PDA with KCBDToGo.com.

 

 

  • Local News on KCBD.comNewsMore>>

  • Texas mourners endure grief that 'none of us can comprehend'

    Texas mourners endure grief that 'none of us can comprehend'

    Saturday, May 19 2018 11:51 PM EDT2018-05-20 03:51:30 GMT
    Sunday, May 20 2018 7:43 PM EDT2018-05-20 23:43:50 GMT
    (Jennifer Reynolds/The Galveston County Daily News via AP). April Salinas, second from right, her daughters Meah, 13, and Macee, 6, and Jeramiah Kelley read notes left at memorial behind Texas First Bank, Saturday, May 19, 2018 in Santa Fe, Texas. A gu...(Jennifer Reynolds/The Galveston County Daily News via AP). April Salinas, second from right, her daughters Meah, 13, and Macee, 6, and Jeramiah Kelley read notes left at memorial behind Texas First Bank, Saturday, May 19, 2018 in Santa Fe, Texas. A gu...

    The mother of one slain student said her daughter may have been targeted because she rejected advances from the suspect, who was an ex-boyfriend of her daughter's best friend.

    The mother of one slain student said her daughter may have been targeted because she rejected advances from the suspect, who was an ex-boyfriend of her daughter's best friend.

  • As Trump pressures DOJ, Giuliani says probe may end by Sept

    As Trump pressures DOJ, Giuliani says probe may end by Sept

    Sunday, May 20 2018 2:11 PM EDT2018-05-20 18:11:29 GMT
    Sunday, May 20 2018 7:42 PM EDT2018-05-20 23:42:24 GMT
    Trump referred to some who cross the border illegally as "animals," not people. (Source: AP Photo/Evan Vucci)Trump referred to some who cross the border illegally as "animals," not people. (Source: AP Photo/Evan Vucci)

    President Donald Trump says he'll demand that the Justice Department review whether the department or the FBI infiltrated his presidential campaign for political purposes, and whether any demands or requests came...

    President Donald Trump says he'll demand that the Justice Department review whether the department or the FBI infiltrated his presidential campaign for political purposes, and whether any demands or requests came from the Obama administration.

  • Arrest records of Rosa Parks, MLK to be preserved

    Arrest records of Rosa Parks, MLK to be preserved

    Sunday, May 20 2018 11:41 AM EDT2018-05-20 15:41:33 GMT
    Sunday, May 20 2018 7:35 PM EDT2018-05-20 23:35:08 GMT
    (Alabama State University via AP). This photo shows the signature of the Rev. Martin Luther King Jr. on a court document in the archive of Alabama State University in Montgomery, Ala. The school is preserving and digitizing historic court documents lin...(Alabama State University via AP). This photo shows the signature of the Rev. Martin Luther King Jr. on a court document in the archive of Alabama State University in Montgomery, Ala. The school is preserving and digitizing historic court documents lin...

    Yellowing court records from the arrests of Rosa Parks, Martin Luther King Jr. and others at the dawn of the modern civil rights era are being preserved and digitized after being discovered in a courthouse box.

    Yellowing court records from the arrests of Rosa Parks, Martin Luther King Jr. and others at the dawn of the modern civil rights era are being preserved and digitized after being discovered in a courthouse box.

Powered by Frankly