Vallett — Fuel For The Corporate Fraud Sentencing Debate
November 5, 2012, 12:55 PM EST
Law360, New York (November 5, 2012, 12:55 PM EST) -- On Oct. 1, 2012, Nashville financial adviser Aaron Donald Vallett, 35, was sentenced to 120 months imprisonment by United States District Judge Todd J. Campbell. Vallett pled guilty to defrauding more than 20 victims out of several million dollars, including his own family and friends, in an elaborate Ponzi scheme.
Vallett is the former owner of A.D. Vallett & Co. LLC, a Brentwood-based company that offered a wide range of financial services and provided clients with investment, portfolio, insurance, real estate and retirement-related advice. According to...