Hilliard Man Sentenced For Investment Fraud

UPDATED: Thursday March 6, 2014 11:43 PM

A federal judge sentenced a former Hilliard man to 60 months of prison time for defrauding investors of $1.5 million.

Jeffrey G. Kelly, 45, was the owner and operator of several Superior Financial Resources, LLC, J.G. Kelly Financial Group, LLC, J.G. Kelly Equities Group, LLC, and JGK Group, LLC.

Prosecutors said Kelly solicited to his clients, including his family friends, relatives and fellow church members, and promised to invest their money in funds like stocks, real estate investment trusts and bonds,while he instead used the money for personal and business expenses and paying earlier investors.

Prosecutors said Kelly's scheme gathered about $1,523,710 from 2006 to 2011.

Kelly pleaded guilty on May 30, 2013.

Kelly was also ordered to pay more than $1.1 million back to the victims.

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