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Lawyer charged with defrauding elderly pleads guilty

April 5, 2019

A former South Bend lawyer who was charged with scamming elderly investors has pleaded guilty to some charges in the case.

The South Bend Tribune reported Sven Eric Marshall entered the pleas Thursday in federal court to one count of mail fraud and one count of securities fraud related to one client he allegedly defrauded. If the plea is accepted, he could be sentenced July 18. Marshall maintains his innocence on other charges.

Marshall was arrested in January in Clearwater, Florida, after he became the subject of an FBI manhunt in December. The 61-year-old earlier was ordered to repay more than $2.5 million to clients.

The U.S. attorney’s office has said Marshall ran an elder abuse scam through an investment company. He’s awaiting trial on other charges.

The Indiana Supreme Court suspended Marshall in May for failing to cooperate with the disciplinary commission’s investigation of a grievance filed against him. The court made the suspension indefinite in October.

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