The former owner of a Columbus financial management company has pleaded guilty to charges of misappropriating more than 840 thousand dollars for his own use. 59-year-old Douglas Cowgill will be sentenced next year on charges of wire fraud, theft from an employee benefit plan and perjury. Prosecutors say Cowgill stole the money and generated false statements for clients to conceal his crimes. He's the former president and owner of Professional Investment Management. Cowgill's attorney believes much of the money went to a nonprofit swim club, where his client was the longtime treasurer.
Local Financial Management Company Owner Sentenced For Stealing From Clients
