Updated Sunday, September 21, 2014 as of 4:10 AM ET

Advisor Gets 21-Year Sentence in Fraud Case

A federal court has sentenced a Pennsylvania investment advisor to more than 21 years in prison for squandering millions of dollars in investors' assets while falsifying statements to indicate strong returns and stable principal balances.

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Comments (1)
Seems to me that--somewhere along this long litany of criminal investigations, firings and switching firms, someone should have given law enforcement a heads up.
Posted by Nancy T | Monday, August 18 2014 at 10:23AM ET
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