Ex-Wachovia Broker Gets 6 1/2 Years For $8.4M Scam

Law360, New York (July 26, 2011, 1:08 PM EDT) -- A federal judge in North Carolina sentenced a former Wachovia Securities LLC financial adviser on Friday to more than six years in prison and ordered him to repay parent company Wells Fargo Bank NA $8.4 million he stole from customers.

William Harrison, 33, received a 6 1/2-year prison sentence and agreed to reimburse his former employer $8.4 million after copping to fraud charges in February for pilfering from his clients' accounts, the U.S. attorney’s office said.

Harrison pled guilty in February after he siphoned millions of...
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