North Carolina Man Sentenced for Investment Fund Theft Scheme

Source: US State Government of Utah

Baltimore, Maryland – A North Carolina man, who posed as an investment advisor, is headed to prison for running an investment fund theft scam in which he stole from at least 64 investors in the District of Maryland. Today, U.S. District Judge Matthew Maddox sentenced Hunter Haithcock, 25, aka Hunter Elliott, of Matthews, to 42 months in federal prison, followed by two years of supervised release, for committing wire and investment adviser fraud.