Man sentenced to prison after swindling elderly couples out of millions

FLINT, Mich. -- A Grand Blanc man was sentenced to serve up to a maximum of 20 years in prison after pleading guilty to two counts of embezzlement over $100,000.

Jason Bescoe, 48, was sentenced Wednesday.

Genesee County Prosecutor David Leyton said Bescoe swindled at least 10 clients of more than $4 million in a fraudulent financial investment scheme.

The Genesee County Sheriff’s Office received a complaint about Bescoe in 2017. There were allegations that he was embezzling money from clients who had trusted him to handle their financial investments.

“Embezzlement cases can be complex with thousands of documents and records to sort through, analyze, and piece together,” said Leyton. “I am pleased that with a lot of hard work by my staff and investigators from the Genesee County Sheriff Office’s Elder Abuse Task Force we were able to convict Jason Bescoe and hold him accountable for his actions while at the same time securing restitution for victims who had stood to lose a lot of their hard earned money."

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Man sentenced to prison after swindling elderly couples out of millions