Prospect man sentenced for theft of $2 million from investors

By Jacquelyn Stoess

Oldham Era news editor

A Prospect man who managed to disappear for more than four years before he contacted his family in June 2006 will serve prison time for theft of more than $2 million from investors.

Thomas Welby Cox, 65, of Prospect, was sentenced to six years and three months imprisonment, followed by three years' supervised release.

In June, Cox was convicted of 39 counts of transporting monies stolen from investors across state lines into various accounts he established with banks in Louisville.

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