Chicago Financial Advisory Marcus Boggs Gets Prison For Stealing $3 Million From Clients
CHICAGO (CBS) -- Marcus Boggs, a financial advisory for Chicago is heading to prison for stealing $3 million from clients.
Instead of investing it, he used it to run up credit cards and pay down his mortgage.
One of his victims was Shaine Sharp, a man wrongfully convicted of rape and murder in the Dixmoor Five case.
Sharp was innocent and got $5 milion in a settlement.
Boggs swooped in, told Sharp he would invest it, and ended up stealing $800,000.
Boggs was sentenced to 3.5 years in prison.