KNOXVILLE, Tenn. (AP) — A Knoxville woman has been sentenced to nine years in prison and ordered to repay more than $8 million of her clients' money.
The U.S. attorney's office in Knoxville says 58-year-old Jacqueline J. Stanfill was sentenced Monday in U.S. District Court. She pleaded guilty in January to wire fraud, mail fraud and money laundering.
Stanfill owned Stanfill Wealth Management in Knoxville. In her plea agreement, she admitted claiming to invest clients' money but instead converting the funds to her own use.