A Vermont financial adviser who was facing embezzlement and grand-larceny charges for stealing from a terminally ill client was found dead yesterday in Shaftsbury, Vt., according to published reports.
Mark Stevenson, former president of Bennington, Vt.-based Wealth Management International, faced up to 20 years behind bars for swindling more than $100,000 from a client suffering from terminal cancer, published reports said.
Mr. Stevenson’s registration as a financial adviser ended in 2003, but he continued to provide investment advice to that client before he died of cancer late last year.
Mr. Stevenson had pleaded not guilty in Bennington District Court on Sept. 2 and was released without bail.
Vermont state police did not say how Mr. Stevenson died.
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