Paul Michael Harney of San Antonio pleaded guilty to two counts of theft from the elderly of between $1,500 and $20,000 was sentenced in Bexar County on Oct. 22 to concurrent five-year state prison sentences.
Harney was indicted in February 2012 on four of the theft from the elderly charges. According to the indictment, Harney fraudulently sold investment contracts to members of a church's "Senior Trailblazer" group.
Harney told the investors he would use their money to expand his business into other states, but cut off contact with investors. Harney never told investors he had been convicted of embezzlement in Michigan in 1997.