The former chairwoman of the International Real Estate Council of Georgia pleaded guilty to defrauding clients of more than $22 million, the U.S. attorney for the Northern District of Georgia announced Friday.

Emily Moerdermo Fu , 57—chairwoman and founder of Suwanee-based real estate investment and advisory firm Capital Investment International Inc.—pleaded guilty on Thursday to one count of mail fraud. A sentencing date has not been set.

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