An Arizona man pleaded guilty to felony fraud in Logan County Common Pleas Court Wednesday.
Christopher Hodge, 35, of Phoenix, pleaded guilty to telecommunications fraud, a third-degree felony.
In November 2011, Hodge convinced a Logan County resident to invest $40,000 into a fake company called Intellicore Solutions.
Hodge used the investor's funds for personal expenses.
The Ohio Department of Commerce Division of Securities investigated the case.
Last October, Hodge was indicted on single counts of making false representations (F2), engaging in fraudulent activity (F2), telecommunications fraud (F3), and theft by deception (F4).
Hodge faces a maximum sentence of three years in prison.
He will be sentenced on May 30th.