A former financial advisor from the Seattle area was sentenced to 32 months in prison for wire fraud, after stealing $531,411 from a client’s trust account over six years, according to a release from the Department of Justice.
63-year-old Michael P. Raineri was sentenced on Friday by Judge Ricardo S. Martinez, who highlighted the breach of trust involved in the case.
The victim, who inherited about $2 million in 2013, had trusted Raineri as a financial expert to manage the funds for retirement…