Estimated reading time: 0 minutes, 33 seconds

Ex-advisor Sentenced to 17 Years in Jail for Swindling NHL Stars

Phillip Kenner, a former financial advisor from Boston, has been sentenced to 17 years in jail for defrauding several NHL stars, including Michael Peca, Darryl Sydor, Bill Ranford, Bryan Berard, and Sergei Gonchar. So reports Wealth Professional.

hockey puck 1477440 640Tommy Constantine, a business associate of Kenner’s, was sentenced to 10 years in jail. The scheme, which dated back to at least 2004, involved funneling money to Kenner and Constantine through a struggling prepaid credit card business.

Constantine has been ordered to forfeit $8.5 million and the title to some properties, as well as pay $5.2 million in restitution.

The duo have been in the custody of the Bureau of Prisons since 2013.

Read the full article from Wealth Professional.

Read 180 times
Rate this item
(0 votes)

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.