Former financial planner Jacqueline Stanfill, who pleaded guilty in January to federal charges she defrauded clients as much as $9 million, is asking for leniency in her sentencing.

According to court documents filed last week, Stanfill is requesting to be sentenced to 63 months in the case a little more than five years instead of the standard range of 87 to 108 months.

Ms. Stanfill has indeed been despondent since her crimes were exposed. Still, she has taken what little action remains in her power to show her remorse, her attorney, David Eldridge, wrote. She admitted her crimes to federal agents almost immediately and has pleaded guilty. She did not object to the bankruptcy and has cooperated with the bankruptcy trustee and she has apologized to those victims who at this time are willing to hear her.

Stanfill, who was charged with one count each of wire fraud, mail fraud and money laundering, also notes that she had no previous criminal record.

In the plea agreement, Stanfill admitted that as owner of Stanfill Wealth Management, she pretended to invest money on behalf of clients but instead converted the funds to her personal use from 2008 to 2015.

Many of Stanfills assets, forfeited as part of her plea, have already been liquidated, including a $1.6 million, five-bedroom house at 7010 Stone Mill Drive in West Knoxville. Stanfill also faces lawsuits from former clients.

Stanfill is scheduled to return to court on Monday.



Its true that Harvard might finally learn how to teach undergraduates, and the Worlds Greatest Universitys once-dominant squash, crew, and basketball teams could steal some pages from their new neighbors playbook. Harvards revolving door roster of ineffectual endowment managers might at long last figure out how to successfully invest money, Yale-style.

Yale, of course, has plenty to learn from Harvard, such as how to beef up its football team by lowering admissions standards. The Harvard Law School could certainly teach Yale how to make its law grads tread the straight and narrow. Oh, look the US Attorney in Manhattan just arrested HLS grad Andrew Caspersen for big-ticket financial fraud. Well, strike that idea.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE(TM) provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospects individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE(TM) specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE(TM) expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.