A Portland woman was found guilty of stealing more than $1 million from five people as part of a fake investment scheme.

Jody Flynn Dalvet, 71, was found guilty last week of one count of theft by deception, a Class B crime, in Cumberland County Superior Court. According to state law, she faces up to 10 years in prison and a $20,000 fine. Her sentencing has not yet been scheduled. She faces another charge of securities violation, which is awaiting a verdict from the judge.

Prosecutors said Flynn Dalvet had already been accused of stealing over $330,000 from an investor in a Maine paper company when she started recruiting people to make other investments through her company, Icy Gulch Resources.

She was convicted of theft in September 2014 for the paper company scheme and served nine months in jail, according to the Office of the Maine Attorney General.

But Flynn Dalvet never disclosed that charge when she approached investors between November 2011 and April 2014, telling them their money would be invested in farms and the importation of a type of gum from Sudan.

The attorney general’s office said Flynn Dalvet promised “large returns and partnerships with prominent business and political leaders,” but instead, she used the funds to “pay for a lifestyle of shopping, travel and large cash withdrawals.”

Flynn Dalvet’s attorney, James Howaniec, said he believes in her innocence and that the state has a “different perspective” of what happened.

“We felt that she worked thousands of hours on these projects and we felt it was more a piece of some investments that just failed like a lot of investments do,” Howaniec said. “That will be the focus of any appeals.”

Howaniec said he plans to file motions for a new trial and judgment of acquittal by Thursday. Because of that, he estimated the sentencing won’t happen until 2025.

The six-day trial presented thousands of documents, bank records, audio recordings and eight witnesses, some of whom worked with Flynn Dalvet on the investments.

“From our perspective, the state didn’t prove its case,” Howaniec said. “The case was based on a lot of hearsay that was allowed into evidence … that was entered not for the truth of the matter, but for other reasons.”

The attorney general’s office is advising anyone with questions about a financial professional or an investment to call the state’s Office of Securities at 877-624-8551.

“Mainers need to be very careful when approached to invest their savings in ventures that promise large returns or include supposed ‘unique’ opportunities,” Attorney General Aaron Frey said in an emailed statement. “Would-be investors should consult with trusted professionals, discuss potential investments with family, and thoroughly investigate anyone who approaches them with ‘investments.’ ”