According to the U.S. Attorney’s office for the Southern District of Illinois, a St. Louis woman faces up to 30 years imprisonment and/or $250,000 in fines after pleading guilty to defrauding clients of more than $6 million.
According to court documents, 58-year-old Victoria McGee-Harris pleaded to one count of mail fraud and one count of engaging in a monetary transaction over $10,000 in property derived from specified unlawful activity.
McGee-Harris was a licensed insurance agent and securities broker with Tower Squares Securities, Inc., a MetLife Company, in an office out of Swansea, Illinois. She admitted that between January 2003 and January 2010, she enticed clients into paying for investment and insurance products which she never purchased. McGee-Harris diverted, deposited and commingled the funds into personal accounts, which she then used for travel, increasing personal wealth, to purchase and rehab rental properties, and to finance a chain of clothing stores.
If you have questions about investments you made through McGee-Harris or Tower Squares Securities, please contact The White Law Group at 312-238-9650.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on The White Law Group, visit https://www.whitesecuritieslaw.com.