Investors burned by broker Kevin Forrester will be getting more than $2 million in restitution, says Maryland Attorney General's Office.

The AG's office announced today it resolved the civil and criminal cases against Forrester who was accused of stealing more than $2.2 million from 21 investors.

Forrester told investors between 2003 and early 2007 that he was putting their money in a high-rate, short-term fund. Instead, "the fund was not an actual legitimate security," regulators said. Forrester used the money to buy a $1.2 million home and other luxuries.

As far as the civil case goes, more than $2 million will be set aside for restitution. Part of that will come from personal assets worth $157,000 that Forrester was ordered to sell.

In the criminal case, Forrester yesterday was sentenced in Baltimore County Circuit Court to 15 years for felony theft, with five years suspended, the AG’s office says. He was also sentenced to a three-year concurrent sentence for securities fraud.