Guilty plea expected from local money personality

Guilty plea expected from local money personality

Credit: KING

Rhonda Breard, charged with mail fraud, walks out of the federal courthouse in Seattle on Wednesday, March 10, 2010.

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by KING5.com Staff

KING5.com

Posted on April 5, 2010 at 4:24 PM

SEATTLE – A Kirkland investment broker is expected to plead guilty Tuesday for scamming dozens of clients out of millions of dollars.

Rhonda Breard is facing federal charges for allegedly stealing nearly $8 million. Regulators say she used her clients' funds to finance a lavish lifestyle.

Breard faces up to 20 years in prison if convicted.

Last week, she was barred from working in the financial industry ever again.

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