MARYLAND (WBFF) — A Maryland financial advisor was sentenced to over a year in jail for felony theft, securities fraud, and exploitation of a vulnerable adult, the Maryland Attorney General’s office announced Tuesday.
Andrew Joseph Egber, 61, of Culver City, California, formerly of Gaithersburg, Maryland, was sentenced to 18 months in jail followed by five years of probation, and is ordered to pay $545,831 in restitution, officials reported.
Officials reported that Egber worked as a financial services provider in Maryland for Wells Fargo, Raymond James, and Steward Partners, and from 2015 to 2019, he used a fraudulent real estate investment scheme to defraud five investors…