|
|
Article: Ex-AIG adviser who practiced voodoo on victims gets 12 years for fraud; Former rep also allegedly paid psychic for readings in jail.(News)
- Article from:
- Investment News
- Article date:
- September 14, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Bruce Kelly
A Tennessee representative formerly affiliated with AIG Financial Advisors Inc. spent time making voodoo dolls of his victims to ward off their damaging testimony, prosecutors said.
Barry R. Stokes last year pleaded guilty to multiple counts of embezzlement, money laundering and mail and wire fraud in connection with stealing $19 million from some 35,000 victims nationwide, according to the U.S. Attorney's Office in Nashville, Tenn., from their 401(k), health savings, and dependent-care accounts.
On Sept. 4, Mr. Stokes, 52, was sentenced in U.S. District Court in Nashville to 12 years in prison after a hearing that presented ...