(WBBM NEWSRADIO) — A former financial adviser for Merrill Lynch has been sentenced to 3 1/2 years in prison after pleading guilty to stealing more than $3 million from clients.
One of those clients was Shainnie Sharp — a member of the “Dixmoor Five” wrongly convicted of the 1991 rape and murder of a 14-year-old girl.
The Dixmoor Five were exonerated in 2011, and Sharp’s part of the settlement was $5 million. Prosecutors say he turned it over to Marcus Boggs to manage it for him, but Boggs stole $800,000 from Sharp.
Prosecutors say Marcus Boggs stole money from his clients and used it for “international travel, expensive meals at restaurants (and) rents at multiple apartments.”
The Chicago Tribune reports that the judge who sentenced Boggs on Thursday said, “Mr. Sharp has suffered enough. That feels like a slap in the face to him.”
Boggs apologized to the court, saying, “What I did was wrong, there is no excuse.”
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