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Former Kent County Investment Advisor Pleads Guilty To Embezzlement
1 year ago
Tuesday, a former Kent County investment advisor Jaime Westenbarger, 46, now of Nashville, TN, pled guilty to Embezzlement and Conducting a Criminal Enterprise, among other felonies.
Westenbarger worked as an investment advisor and the registered agent for Forest Hills Financial, Inc. when he used his position to embezzle from multiple clients.
Under a delayed sentence agreement, Westenbarger has to pay back $160,000 in money owed, and if doing so in the allotted time, will serve 30 months in prison.
If he fails to do so, he could receive close to 85 years in prison for all counts.
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