Robbie Dale Walker of Dripping Springs was sentenced to 25 years in state prison on April 9 for stealing money from two elderly women in Hays County. Walker told the women they could earn annual returns of at least 15% from oil and gas projects in North Dakota. The projects did not exist, and Walker spent investors' money on luxury goods and on improvements, such as a pool and patio, for his mother's house.
Walker, who was sentenced in Hays County state District Court, was also ordered to pay $255,000 in restitution. Walker was brought to trial on a first-degree felony theft charge, to which he pleaded guilty on March 4, but he had also been indicted on four other charges in connection with the sale of investments in the non-existent oil and gas projects.