H-SAN LUIS OBISPO COUNTY

Oct 30, 2012 8:01 PM by Madelyn Monteath, KSBY News

Former president of lending firm sentencing postponed

The former president of a Paso Robles lending firm that reportedly defrauded victims who invested in his real estate project sentencing has been postponed.

James Hurst Miller, Jr., 63, was expected to be sentenced in a Los Angeles Superior Court room Monday but that hearing was postponed until May.

Back in August of 2011, Miller pleaded not guilty to the charges of fraud and money laundering as part of a plea agreement. Miller originally faced four counts against him, including wire and mail fraud, along with money laundering. Miller was the president of Hurst Financial Corporation.0

His new sentencing is scheduled for May of 2013

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