DALLAS (AP) — A Dallas attorney faces up to 25 years in prison after pleading guilty in a nearly $1.6 million vodka investment scam.
Andrew Lee Siegel remained free on bond Wednesday pending sentencing later this year.
The 54-year-old Siegel on Tuesday pleaded guilty to mail fraud. Prosecutors in Dallas say Siegel in July pleaded guilty to a copyright infringement charge.
Investigators say Siegel in 2010 established companies to produce and bottle vodka and secured almost $1.6 million from more than 30 investors.
Authorities determined Siegel used some of the funds for his personal benefit.
Prosecutors say Siegel also sent bogus emails using copyrighted writings and logos of the Federal Reserve Bank Services and the Northern Trust Company to try to cover the financial wrongdoing.