A Niagara Falls woman, who was employed as the Office Manager and Chief Compliance Officer at an investment advisory firm based in Buffalo, has been sentenced to 36 months in prison for stealing over $500,000 from several clients and from the firm itself.
Jennifer Campbell, 48, of Niagara Falls, NY, was convicted of wire fraud and ordered to pay restitution totaling $371,332.11 by U.S. District Judge Lawrence J. Vilardo.
Assistant U.S. Attorney Douglas A. C. Penrose stated that Campbell used her access to client accounts to write checks from client accounts, forge the signatures of either the client or a principal at the firm, and then deposit the checks into her own personal account.
Campbell took various steps to conceal her theft, including sending a falsified account statement to a victim and diverting emails that raised questions about some of the transactions that she had engaged in.
The sentencing is the result of an investigation by the Internal Revenue Service, Criminal Investigation Division, and the Federal Bureau of Investigation.
Campbell will serve 36 months in prison and pay restitution totaling $371,332.11.
The crime occurred between November 2018, and May 2021.
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Key Facts
- State: New York
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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