ST. LOUIS (AP) — A St. Louis-area advertising firm owner faces sentencing May 15 after admitting that he bilked clients out of nearly $500,000.
Cary Jordan pleaded guilty Wednesday to two federal mail fraud charges. He is owner of the Jordan Group, which helped companies arrange print, radio, TV and outdoor advertising.
Federal authorities say that during much of 2008, the company stopped paying for ads and Jordan used the money for personal use. Jordan now lives in Florida but lived in Webster Groves, Mo., at the time of the crime.