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Indiana Woman Sentenced to Home Detention for Stock Fraud

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Indianapolis, INA woman from Hamilton County, Indiana, has received a sentence of one year of home detention after she pleaded guilty to committing stock fraud, the Indianapolis Star reports.

Dorothy Geisler-Tragardh, 52, also reportedly received four years of probation and will be required to spend 400 hours performing community service work such as cleaning up streets. Additionally, she must pay the $1.9 million in restitution to the victims of her stock fraud scheme, the news source said.

Dianna Batchelder-Boyd, a former friend of Geisler-Tragardh who reportedly lost approximately $100,000 in the scheme, told a Marion Superior Court Judge that she wanted the woman to spend time in prison for her actions.

"She didn't ruin my life, but she made it majorly difficult," Batchelder-Boyd told the court.

In addition to the sentence, the state of Indiana is planning to sell Geisler-Tragardh's mansion and jewelry in order to help the victims involved in the stock fraud scheme, according to the Secretary of State's office.

According to WRTV, a local ABC affiliate, Geisler-Tragardh allegedly convinced investors that she could bring them a high return rate on their money.

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