Investment firm administrator handed 3-year sentence for theft from company and clients
Buffalo News (NY)
Feb. 27—A former administrator at a Buffalo investment advisory firm has been sentenced to three years in prison for stealing more than half a million dollars from the company and its clients, U.S. Attorney Trini E. Ross announced.
Jennifer Campbell, 48, of Niagara Falls, who was convicted of wire fraud, also was ordered by U.S. District Judge Lawrence J. Vilardo to pay $371,332 in restitution.
Prosecutors said that Campbell, as office manager and chief compliance officer at the firm, forged signatures of clients and officers of the firm on checks and deposited them in her personal account between November 2018 and May 2021.
According to prosecutors, Campbell also gave clients false account statements to conceal the theft, transferred funds from one client's accounts to another and diverted emails from the firm's broker-dealer, who was raising questions about her transactions.
Prosecutors said Campbell also used the email account of a principal in her firm to submit false statements and documentation to make her transactions seem proper.
___
(c)2023 The Buffalo News (Buffalo, N.Y.)
Visit The Buffalo News (Buffalo, N.Y.) at www.buffalonews.com
Former Cleveland, Tennessee, church manager pleads guilty to $1.5 million fraud
Privia Health Reports Fourth Quarter 2022 Financial Results
Advisor News
- Election 2026: Which of Berkeley's 7 ballot measures will pass?
- How advisors can help frugal retirees finally enjoy their savings
- Wealth planning vs. estate planning: Honoring your client’s wishes
- What to discuss during the first retirement planning meeting
- Inflation, competing priorities and uncertainty erode retirement security
More Advisor NewsAnnuity News
- Equitable, Corebridge steam toward merger with strong Q3 annuity sales
- Jackson Announces New Annuity Offering for AARP Members
- National Life Group expands annuity portfolio
- AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
- USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
More Annuity NewsHealth/Employee Benefits News
- My unhappy day in small claims court | Letters to The Republican
- Enrollment is open for Affordable Care Act coverage. What do New Mexicans need to know?
- A Smarter Approach to Employee Health Insurance Costs
- Are GLP-1s Good for Business? The Jury Says …
- Closing gaps in group disability coverage
More Health/Employee Benefits NewsLife Insurance News
- Unum Group Reports Third Quarter 2026 Results
- First American Financial Corporation Appoints Darryl D. Button to Board of Directors
- Corebridge Financial Announces Third Quarter 2026 Results
- MassMutual announces record $3.3 billion policyowner dividend for 2027
- Protective Completes Acquisition of Obsidian, Establishing Specialty Property and Casualty Business Line
More Life Insurance News