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Former Morgan Stanley advisor gets 7 years for ripping off clients

advisor ponzi

Shawn Edward Good pleaded guilty to stealing $7.2 million from retirees and used the money to pay off earlier investors and to fund a lavish lifestyle.

A former Morgan Stanley financial advisor was sentenced to more than seven years behind bars for ripping off retirees and other clients in a decade-long Ponzi scheme.

Shawn Edward Good took in $7.2 million from at least 13 victims, according to federal prosecutors in Raleigh, North Carolina. Inst

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