A former Merrill Lynch financial adviser was sentenced to three-and-a-half years in jail for swindling clients out of more than $3 million.
Marcus E. Boggs, 51, of Chicago, was sentenced by U.S. District Judge Mary Rowland on Thursday, who also ordered Boggs to pay more than $3.08 million in restitution to the victims.
According to the government, “Boggs spent more than $3 million of his clients’ funds over a ten-year period to pay his personal credit cards and the mortgage on his residence.…
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