A former Navy SEAL claims he was misled into entering a guilty plea to charges he stole more than a million dollars from his fellow SEALs.
Jason Mullaney, 43, used a company he started called Trident Financial Holdings & Acquisitions LLC to swindle more than $1.1 million from 11 active or retired SEALs as a part of an investment scam.
In September, Mullaney accepted a plea agreement and entered a guilty plea on grand theft charges.
However, Mullaney argued he was misled about the consequences of the plea by his defense attorney.
"No buyer's remorse," Judge Frederick Maguire told the defendant Wednesday as he denied the defense motion and scheduled a sentencing hearing for March 17.
Mullaney faces a minimum sentence of six years and eight months and no more than 12 years and eight months.
New defense attorney Patrick Dudley said his client would appeal today's ruling to a higher court.