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Banned FA Headed to Jail Over Disability Benefits Scam

Charles E. Severt Jr., 52, of Ohio, was sentenced to two years in jail for crimes related to stealing more than $370,000 and lying to investigators. So reports Dayton Daily News.

jail 1287943 1280Specifically, Severt had been collecting Social Security disability benefits, saying he has been unable to work for more than a decade. However, the U.S. Department of Justice said he has been “working since at least 2014 in the tree trimming business.”

Severt was shot in 2010 by his now ex-wife. She was sentenced to four years in jail for the shooting and her then boyfriend, a police officer at the time, was sentenced to 18 months for inciting her to shoot Severt.

Severt Jr. was previously banned by Finra for stealing $20,000 from his church. However, is accused of lying to regulators related to that theft.

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