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Financial Adviser From New Canaan Admits To Defrauding Clients In Fake Investment Scheme Financial Adviser From New Canaan Admits To Defrauding Clients In Fake Investment Scheme
Financial Adviser From New Canaan Admits To Defrauding Clients In Fake Investment Scheme A Fairfield County man who served as a financial adviser at two investment banks in Manhattan has admitted to defrauding clients out of hundreds of thousands of dollars. Elias Herbert Hafen, 64, of New Canaan, pleaded guilty one count of wire fraud and will face up to five years in prison, U.S. Attorney Geoffrey Berman announced. Hafen was taken into custody and appeared in Manhattan federal court on Wednesday, Sept. 4, where he pleaded guilty. Between 2013 and 2018, Hafen defrauded at least 11 of his financial advisory clients into believing he had access to a high-yield investment fund wi…

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by Zak Failla