Stowe stockbroker sentenced to 2 years for wire fraud

RUTLAND, Vt. (WCAX) A stockbroker from Stowe will serve two years in prison for wire fraud.

The U.S. Attorney's Office says Daniel Burgess, 51, was sentenced in U.S. District Court in Rutland following a guilty plea.

Authorities say in 2011 Burgess -- through his company Tucker Financial Services -- sold stock for a Nevada woman and promised her 80 percent of the proceeds. Prosecutors say that should have been $495,000. But Burgess only paid the woman $246,000, keeping the rest for himself.

Among other things, authorities say he used the money to pay for a lavish European wedding and honeymoon.

Read more: http://www.wcax.com/content/news/Stowe-man-sentenced-to-2-years-for-wire-fraud-486147291.html