Ex-Advisor Sentenced to 4 Years in Prison for $4.7M Embezzlement

News April 02, 2024 at 02:14 PM
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What You Need To Know

  • The financial professional stole from a client victim and failed to report the income, according to prosecutors.
  • He was discharged from Valeo Financial in 2022 after the allegations, the SEC says.
  • A judge imposed the sentence and ordered the advisor to pay more than $6.4 million in restitution.

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