CEDAR RAPIDS, Iowa (AP) - An Iowa investment adviser who admitted defrauding clients has been sent to prison and ordered to pay restitution.
The Gazette says Noah Aulwes, 56, was sentenced on Monday to 10 years and ordered to repay $363,000. He'd pleaded guilty to securities fraud, theft and money laundering after reaching a deal with Linn County prosecutors.
Aulwes had owned Covenant Advisors in Cedar Rapids. Authorities say Aulwes misappropriated investors' money for his personal benefit and to make payments to other investors.CEDAR RAPIDS, Iowa (AP)
- Taking one for the city: La Crosse boy cleans up skate park
- Local family shares story of premature birth
- Area climate activists voice their opinions over Trump's policies
- Popular Netflix series starts suicide conversation
- Local police, organization work to reduce excessive drinking behavior
- Road closures in La Crosse this weekend
- Get rid of your unused or unwanted prescription medications this Saturday
- Onalaska High School students plan 5K for good cause
- Ninth annual Earth Fair attracts local families
- Coulee Council on Addictions announces plans for new building