But he got five years after U.S. District Judge
"It's customary to stand," Aiken told LaCoste, who then rose.
LaCoste told the judge he "screwed up really badly," but Aiken said that's not the same as admitting as part of his guilty plea that he lied, cheated and stole from people.
Aiken mentioned LaCoste's leadership in
"How can you confess there," she said, "when you didn't confess here?"
LaCoste, once a football player for
Court documents say he and his partners took in
The venture, Willamette Development Services, planned housing subdivisions, shopping centers and a six-story mixed-use building in
It launched 11 projects, and some were partly built, but the enterprise was in trouble from the start, said
"The only way they were paying old investors was to get money from new investors," McGaughey said in an interview.
The business collapsed in 2008 with less than
Later, LaCoste's lawyer,
"We're not very happy about the sentence, and we plan to appeal," he said.
The judge also ordered LaCoste to stay out of four
Information from: The Register-Guard, http://www.registerguard.com
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