Main Line Man Pleads Guilty in Ponzi Scheme

Robert Stinson of Berwyn faces up 33 years in federal prison for stealing more than $17 million from 260 investors. Stinson, 56, pleaded guilty in federal court Monday to a laundry list of charges in a Ponzi scheme that investigators say dates back to 2006.

According to the 26 count indictment, Stinson ran a company called Life's Good, Inc. and solicited investments in four real estate hedge funds.

Read how his elaborate "Ponzi" scheme bilked investors out of more than $17 million on .