Long Island Advisor Sentenced to Six Years for Defrauding California Couple

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. A Long Island-based investment advisor will spend six years in prison after being convicted of defrauding clients out of more than $1 million. According to U.S. Attorney Joseph Nocella, Jeffrey Slothower used his position as a financial advisor “to steal over a million dollars from an unsuspecting couple,” while FBI Assistant Director James Barnacle said Slothower created “fabrications of profitab ...