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U.S. Attorney for Alaska Announces Sentence in $26M Investment Fraud Scheme, Discusses Financial Crime Priority
November 14, 2023
ANCHORAGE, Alaska, Nov. 14 -- The U.S. Attorney for the District of Alaska, S. Lane Tucker, issued the following news release on Nov. 13, 2023:

An Anchorage man was sentenced today to 10 years in prison for defrauding at least 177 victims of more than $26 million through an investment fraud scheme.

According to court documents, Garrett Elder, 30, convinced victims to transfer funds to him for investment in stocks and foreign currencies on their behalf through deceptive . . .

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