Quoted from Rarehero:Prison already, geeeeze!!!
A couple of other cases with some similar elements:
This past June, a Morgan Stanley financial advisor got 7 years in prison for running a $7m ponzi scheme.
https://www.cnbc.com/2023/07/20/morgan-stanley-financial-advisor-ponzi-scheme.html
This month, a Texas financial advisor got life in prison for an investment scheme that led to a murder:
He promised his clients he would invest their money in financial products, but used the money to for other reasons including to help keep his struggling brewery business alive, pay personal debts, and to “fund a lavish lifestyle,” police said.
https://www.star-telegram.com/news/local/crime/article278357519.html