Newton Accountant Sent To Prison For Stealing From Clients

BOSTON (AP) — A Massachusetts accountant has been sentenced to 3 1/2 years in prison for embezzling almost $1.3 million from his clients.

Federal prosecutors say 49-year-old Jeffrey Kellem of Newton was also ordered to pay restitution and fined $250,000.

He pleaded guilty in September to wire fraud and filing a false tax return for failing to pay taxes on the stolen money.

Kellem used his position as an accountant for an elderly client, and the estate of a deceased client, to transfer the money to bank accounts he opened and controlled and without the authorization of his clients.

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