|Published:||Sep 24, 2012 6:25 PM EDT|
|Updated:||Sep 24, 2012 6:28 PM EDT|
LEE COUNTY, Fla.- A Naples man convicted of bilking investors out of millions of dollars won't be going back to prison, though he's barely made a dent in his restitution payments.
David Mobley appeared in federal court in Fort Myers today, a little more than a year after he was released from prison.
He could have been sent back, for failing to pay the millions he owes to investors, but the judge let him go.
Mobley was released in August 2011, and ordered to pay $77 million in restitution to his victims.
He started paying last month, but only days after his probation officer said she was filing a petition with the court for his failure to pay.
Mobley also got a job just days after that meeting with his probation officer.
Since then, he has paid $400. That includes a $100 payment made just today.
Because he has started to pay, the judge dismissed the petition. However, he did order Mobley to contribute 25% of his monthly gross income toward restitution. He is making less than $8 an hour doing labor work.
Mobley would not comment after the hearing.
The judge said he believes Mobley has learned his lesson that he needs to pay the money he owes, but did issue a warning that if he ends up in court again, things may be different.