FROM STAFF REPORTS
An Edmond man was sentenced Friday to a year and a day in prison for defrauding investors in his debt collection business.
Gregory Scott Conrady, 52, pleaded guilty in August to charges of money laundering and wire fraud in federal court in Oklahoma City.
Conrady secured more than $10 million in investments for Coltate Capital LLC, which was formed to purchase portfolios of distressed debt for pennies on the dollar, according to prosecutors.
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