NEW BOSTON, Texas (AP) _ A financial adviser from the Dallas area has pleaded guilty to 59 felony counts related to mishandling of retirement funds of dozens of workers at community colleges.
Sentencing is next week for 42-year-old Brian Troy of Keller.
Troy on Tuesday pleaded guilty, in Bowie County, to mishandling funds belonging to about 50 workers at Texarkana College and the Dallas County Community College system.
Investigators say Troy manipulated the retirement plans in an effort to pocket commissions.
The Texarkana Gazette reports prosecutors have recommended five-year prison sentences on each count, to be served concurrently. Troy has agreed to cooperate with authorities.