Stephen T. Mellinger III, a securities broker, financial advisor, and insurance salesman from Florida, was indicted for a decade-long scheme to operate and promote an illegal tax shelter, stealing from his clients’ funds and money laundering, according to a Justice Department press release.
Morice Armani Brown, a 24-year-old man from Jamaica residing in Florida, was sentenced to 63 months in prison, with an additional year on supervised release for his role in defrauding an elderly woman from Lenoir City, Tennessee.
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