Dripping Springs man gets 25-year sentence for swindle

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by Associated Press

kvue.com

Posted on April 11, 2013 at 4:11 PM

SAN MARCOS, Texas (AP) -- A Central Texas man has been sentenced to 25 years in prison for using more than $200,000 in oil and gas investments to pay for an online dating service, electronics and luxury jewelry.

A Texas State Securities Board statement Thursday says a Hays County jury found Robbie Dale Walker guilty of stealing more than $200,000.

An indictment accused the Dripping Springs man of falsely promising a 93-year-old family friend annual returns of 15 percent. The victim is now 95.

State regulators say Walker invested none of the money.

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