A Fort Lauderdale financial advisor who pleaded guilty to a years-long international investment scheme that defrauded investors out of more than $94 million will be spending the next two decades behind bars, authorities said.
Andrew Hamilton Jacobus, 64, was sentenced to 20 years in prison Monday after previously pleading guilty to wire fraud and money laundering charges, the U.S. Attorney’s Office for the Southern District of Florida said Thursday.
Prosecutors said Jacobus falsely portrayed himself as a seasoned financial advisor managing legitimate investment portfolios…