A trader pleaded guilty to fraud and unfair practices, leaving his future uncertain as the judge warns him of no promises during sentencing.
Nelson, 48, was supposed to go to trial but decided to plead guilty instead. He admitted to misleading a woman about some building work. He claimed he would finish the job, but he didn’t.
This all happened between October 2021 and May 2022. The prosecutor mentioned that the pandemic played a role in the situation. The judge has put the case on hold for a pre-sentence report.
Nelson will find out his fate on February 28. He had denied other charges related to aggressive practices, but those might just sit on the court file for now.
It’s a tough spot for him, and the judge made it clear that nothing is guaranteed. He’s out on bail for now, but the future looks uncertain.