But losses are exactly what happened over time as Forte paid himself millions, bought a Sea Isle, N.J., beach house and donated more than $1 million to charity.
Investigators say he blew through more than $20 million from 1996 to 2008. Forte himself says all the money is gone.
Forte, a 1978 graduate of Villanova University, lives in Broomall with his wife and four children.
He will be sentenced Oct. 2 on three federal fraud counts and money laundering.
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