Pennsylvania broker, Jason Muskey, has reportedly been sentenced to eleven years in prison for a $2 million dollar fraud. In February, Muskey pled guilty to mail fraud, money laundering and aggravated identity.
According to reports, dozens of victims spoke at the sentencing hearing of the financial devastation that resulted from Muskey’s fraud. From 2007 to 2014, Muskey allgedly diverted money from customer accounts, which included members of his family, friends and employees.
U.S. District Judge Malachy Mannion stated, “You abused a position of trust. It was done over a long period of time and required planning and thought that resulted in potential financial devastation to a lot of people. It was based on greed.”
The foregoing information is being provided by The White Law Group. The White Law Group is a national securities fraud, securities arbitration and investor protection law firm with offices in Vero Beach, Florida and Chicago, Illinois.
If you were a victim of Jason Muskey while he was employed by a FINRA affiliated brokerage firm and would like to discuss your legal options with a securities attorney, please call The White Law Group at (312) 238-9650 for a free consultation.
For more information on The White Law Group, please visit our website at www.WhiteSecuritiesLaw.com.