Advisor Gets 10 Years in Prison for Stealing $2M From Elderly Clients
May 30, 2025 by Dinah Wisenberg Brin
A former investment advisor whose firm was acquired by Wealth Enhancement Group in late 2021 was sentenced this week to over 10 years in federal prison for stealing about $2.25 million from elderly clients, including some that were receiving end-of-life care, and using the funds to buy properties and luxury vehicles for herself, the Justice Department announced.
Julie Anne Darrah, 52, of Santa Maria, California, was sentenced Monday to 121 moths in prison by U.S. District Judge Otis D. Wright II, according to the U.S. attorney’s office for the Central District of California. She had pleaded guilty on March 4 to one wire fraud count. The judge will schedule a restitution hearing later.
Originally Posted at Think Advisor on May 22, 2025 by Dinah Wisenberg Brin.
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