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Fargo broker accused of stealing $250,000 from couple

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FARGO - A Fargo investment broker who received a cease-and-desist order last June for allegedly defrauding a client is now accused of bilking a married couple out of more than $250,000.

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Two counts of Class B felony theft were filed against Robert Henry Medhus on Friday in Cass County District Court.

If convicted, the 65-year-old faces up to 10 years in prison and a $10,000 fine for each charge.

According to the investigative report by the state Securities Department:

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