Ex-CCO gets three years in prison for wire fraud

Western District of New York

A former chief compliance officer of an unnamed New York-based investment adviser was sentenced to three years in prison for defrauding clients and her employer.

Jennifer Campbell must also pay restitution of $371,332, the U.S. Attorney’s Office for the Western District of New York announced Monday. Campbell pleaded guilty to wire fraud in November.

Between 2018 and 2021, Campbell stole more than $500,000 from her former clients and employer, mostly by writing checks with the forged signatures of her clients or a principal at the firm.

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