CENTRE COUNTY, Pa. (CDT) — A former Bellefonte insurance agent was sentenced Friday to 17 years in prison and three years’ supervised release after he pleaded guilty to embezzling nearly $1.5 million from dozens of individuals.
U.S. District Judge Matthew Brann also ordered Hocker to pay $1,495,782 in restitution.
James Hocker, 49, solicited funds from individuals throughout Centre County between 2009 and 2018 and guaranteed returns of at least 25%, though he never invested the money, according to the criminal information filed in the U.S. Middle District Court of Pennsylvania.
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