Brazoria County woman gets 3 years for investment fraud

GALVESTON, TX

A federal judge in Galveston on Thursday sentenced Kimberly Fontenot of Brazoria County on fraud convictions and ordered her to repay more than $115,000.

Prosecutors say about 20 people were victims in the wire and identity fraud scheme associated with a firm called Stellar Grants Inc.

Investigators say Fontenot in 2012 lured clients by falsely claiming to know numerous wealthy people - she called them "angel investors," but barred the victims from contacting them.

Authorities say Fontenot hired a voice actor to impersonate the bogus investors during conference calls.

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