⏱ 2 min read
A 57-year-old former financial advisor from Fox Island, Washington, was sentenced to three years in prison for stealing nearly $1 million from an elderly client. John S. Winslow, who worked at a national financial services firm, was fired after it was discovered that he had stolen over $920,000 in life savings and inheritance from a widow in her 70’s. The crime occurred over four years, during which Winslow ingratiated himself with the victim, taking her grocery shopping and buying her flowers and chocolate, before taking advantage of her trust and cognitive decline.
Winslow used the victim’s funds to live a life of luxury, buying an island home, installing a hot tub, and purchasing a new car. Meanwhile, the victim was forced to live on a limited budget. The sentence was handed down by U.S. District Judge Tiffany M. Cartwright, who stated that the crime was personal and that Winslow had a longstanding relationship with the victim.
First Assistant U.S. Attorney Charles Neil Floyd described the crime as a serious breach of trust, stating that Winslow’s actions were a callous exploitation of the victim’s vulnerability. The IRS Criminal Investigation (IRS-CI) also condemned Winslow’s actions, with Special Agent in Charge Carrie Nordyke stating that lies, deceit, and fraud have no place in the financial advisory industry.
The case was investigated by the IRS-CI, and Winslow was indicted on multiple counts of wire fraud, mail fraud, money laundering, and making false tax returns. The sentence reflects the seriousness of the crime and the need to hold financial advisors accountable for their actions.
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📋 Key Facts
- Crime: Fraud & Financial Crimes
- Defendant: Washington
- Location: WA
- Source: DOJ Press Release
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