Financial advisor scams $400k from elderly couple
Joseph W. Hughes was a financial services rep for AXA Advisors, and represented an elderly couple. The husband suffered a stroke in 2005, which Hughes took as his cue to start pillaging their account. Instead of investing their money, he spent it on jewels, country club fees, and a 1969 Chevy Nova.
And now he faces up to 25 years in prison for mail fraud and tax evasion.
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