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Jersey City broker is sentenced to 5 years in prison for $1M embezzlement

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JERSEY CITY — A broker from Jersey City is sentenced to five years and 8 months in prison for embezzling more than $1 million from his clients, according to a report by NorthJersey.com. Brian Anderson, a representative from PrimeVest Financial Services, took the money from elders who were looking to invest, and personally used the funds, said the report....

jersey-city-broker-embezzlement.jpgA map view of Jersey City, where a broker stole more than $1 million from his elderly clients.

JERSEY CITY A broker from Jersey City is sentenced to five years and 8 months in prison for embezzling more than $1 million from his clients, according to a report by NorthJersey.com.

Brian Anderson, a representative from PrimeVest Financial Services, took the money from elders who were looking to invest, and personally used the funds, said the report. In addition to spending 68 months in prison, he must also pay $1,110,633 in restitution.

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