PORTLAND (AP) – An alleged con artist who bilked his victims of $205,000 has pleaded guilty in Portland to felony theft and violations of state laws governing investments.
Jonathan Carroll Rosenbloom admitted Friday to stealing money given him by business partners whom he lured into phony Italian real estate deals and by investors whom he hoodwinked by posing as a day trader.
As part of a plea arrangement, the 49-year-old Rosenbloom faces up to four years in prison, but his sentence will be capped at two years if he can pay back $155,000 to several victims in the coming months.
Rosenbloom is a nephew of the late Carroll Rosenbloom, former owner of the NFL’s Baltimore Colts and Los Angeles Rams.
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