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SANTA FE, N.M. (AP) -- New Mexico authorities say a Utah man has pleaded guilty to violating state securities law and repaid the $25,000 a Santa Fe woman lost in his investment scheme.
Prosecutors say 52-year-old Keith H. Debus, of Holladay, pleaded guilty in Santa Fe District Court to one count of selling securities without a license, which is a third-degree felony.
He was sentenced to three years of probation and ordered to make full restitution to his victim. New Mexico Regulation and Licensing Department officials say Debus paid with 25 money orders for $1,000 each.
Authorities say Debus already is on probation for a previous fraud conviction in Utah and has an identity theft criminal case pending in Washington state.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
