FARGO, North Dakota — A former West Fargo investment broker sentenced to serve 10 years in prison for bilking nearly 20 investors out of more than $900,000 wants a judge to reduce his sentence.
The Forum newspaper reports (http://bit.ly/18pWDUX ) that 66-year-old Robert Medhus (MAY'-hoos) filed a motion late last month asking for a reduction of his sentence on 16 counts of felony theft and securities fraud.
Prosecutors say Medhus forged client checks, created fake investment account statements and failed to invest client assets as promised. He pleaded guilty.
Defense attorney John Goff argues that Medhus' punishment is too harsh based on Medhus' "age, remorse, mental and physical health, and inconsistency with similar cases."
Information from: The Forum, http://www.in-forum.com