Sentencing delayed in nearly $2M Alabama investor scam
MONTGOMERY, Ala. (AP) — An admitted con man who scammed nearly $2 million from investors told a federal judge that he was "disgusted" with himself but asked to serve at least part of his sentence on home confinement so he can access a computer to make money and repay his victims.
Kyle Sandler, 43, appeared in federal court for a sentencing hearing after pleading guilty to wire and securities fraud. U.S. District Judge Keith Watkins said sentence guidelines indicate Sandler should spend between 63 to 78 months in prison.
Watkins delayed a sentencing decision to weigh whether Sandler would even qualify for home confinement under "brand new" changes in federal sentencing law.