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Dublin Financial Advisor Pleads Guilty To Bilking Elderly Client

Franklin County Sheriff's Office

A Dublin financial advisor has pleaded guilty to defrauding an elderly client.  Jon Schmidhammer pleaded guilty to unlawful securities practices. Franklin County prosecutors say Schmidhammer stole 550 thousand dollars from an 81-year-old woman's bank account. Prosecutors say he did so by transferring the money from her investment accounts to her bank accounts and writing checks to himself or paying personal bills with the funds.

Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.
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