Ex-financial counselor sentenced to 12.5 years for defrauding Gold Star families
One of the victims, Kimberly Ryan of the Hudson Valley, lost over $100,000. The U.S. Attorney's Office says restitution will be determined at a later date.
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A former New Jersey financial counselor, Caz Craffy, has been sentenced to 12.5 years in prison for defrauding Gold Star families out of nearly $10 million over a four-year period. Craffy used the funds to invest in accounts he managed and executed trades, often without permission.
One of the victims, Kimberly Ryan of the Hudson Valley, lost over $100,000. The U.S. Attorney's Office says restitution will be determined at a later date.
Craffy's scheme targeted vulnerable families who had lost loved ones in military service, exploiting their trust for personal financial gain.
