US Attorney Former Maryland Insurance Agent and Financial Planner Sentenced to Almost Five Years in Federal Prison for $2.8 Million Fraud Scheme

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Press Release: U.S. Attorney’s Office, District of Maryland

U.S. District Judge Deborah K. Chasanow today sentenced Jonathan Williams, age 48, of Boston, Massachusetts, a former Maryland insurance agent and financial planner with New York Life, to 57 months in federal prison, followed by three years of supervised release, for wire fraud, in connection with a scheme to defraud clients of more than $2.8 million. Judge Chasanow also ordered Williams to forfeit and pay restitution of $2.8 million.

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