A former Merrill Lynch broker is set to serve 38 months in prison after pleading guilty to two counts of wire fraud.

A federal judge in the U.S. District Court for the Eastern District of Missouri sentenced Greg J. Campbell on charges that he had siphoned off almost $2 million from client accounts, including that of an 85-year-old client with dementia, for personal use. Campbell was ordered to repay $1.8 million in restitution and forfeit property purchased with client funds.

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