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Southampton Investment Advisor Sentenced After Fraud Scheme To Misappropriate $1M+ From Clients: Feds

Jeffrey Slothower was ordered to pay $1,160,936 in restitution after stealing client funds for luxury expenses and using false returns to conceal his scheme.

Summary by Patch
He spent clients' funds on personal expenses and luxury items, including a Hamptons country club membership, federal officials say.

3 Articles

NewsdayNewsday
Center

Southampton investment adviser sentenced for defrauding couple out of more than $1M

Jeffrey Slothower, 47, was sentenced to six years in prison.

·United States
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PatchPatch
Center

Southampton Investment Advisor Sentenced After Fraud Scheme To Misappropriate $1M+ From Clients: Feds

He spent clients' funds on personal expenses and luxury items, including a Hamptons country club membership, federal officials say.

·United States
Read Full Article
wealthmanagement.comwealthmanagement.com

Long Island Advisor Gets 6 Years for Client Fraud

According to the Justice Department, Jeffrey Slothower used the victims’ funds for personal expenses and lied when he tried to refinance his mortgage, claiming the illicit proceeds were from the sale of his wine collection.

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Patch broke the news in United States on Thursday, January 29, 2026.
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