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Ashburn man heading to prison after duping clients out of $4M

Summary by Washington Top News
An Ashburn, Virginia, financial scammer was sentenced Thursday to three years in prison for fraud after federal prosecutors say he duped clients out of millions of dollars. In addition to his prison time, Andrew Corbman, 53, must pay $4.15 million in restitution. According to the U.S. Attorney’s Office, Corbman worked for several years with two individuals and two couples who loaned him money believing he would invest the funds and earn signific…

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InsideNoVA.comInsideNoVA.com
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Ashburn man heading to prison after duping clients out of $4M

An Ashburn financial scammer was sentenced Thursday to three years in prison for fraud after federal prosecutors say he duped clients out of millions of dollars.

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wealthmanagement.comwealthmanagement.com

Ex-Advisor Gets 3 Years Prison, Must Pay $4.15M for Client Fraud Scheme

Andrew Corbman convinced several clients to loan him money, promising outsized returns and misleading them about his prior investment record (and not disclosing his disciplinary history).

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Loudoun NowLoudoun Now

Ashburn Man Sentenced to 3 Years in Prison in $4M investment Fraud Case

An Ashburn man was sentenced to three years in federal prison for fraud relating to investment trading that lost millions of dollars of his clients’ funds while he provided them with false information.

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InsideNoVA.com broke the news in on Thursday, May 1, 2025.
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