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42°
Thursday, nov 21
Tag:
Retirement Funds
News
Hudson Valley Man Gets Jail Time For Stealing $500K From Retirement Accounts
A former financial advisor from the Hudson Valley will spend years in prison for his role in a scheme to steal from a retirement fund sponsored by a labor union for law enforcement employees. Putnam County resident Andrew Brown, age 56, of Putnam Valley, was sentenced to 18 months in prison for defrauding members of the Law Enforcement Employees Benevolent Association (LEEBA), a labor union for law enforcement officers employed by New York City, the US Attorney's Office for Southern District of New York announced on Wednesday, Jan. 17. Earlier Report - $500K Scheme: Putnam Vall…