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Financial advisor sentenced to 6+ years for defrauding senior

Eric James Stone, 43, of St. Augustine, Florida, was sentenced on August 20–21, 2026, to six years and eight months in federal prison for defrauding a 75-year-old woman of more than $2 million through a yearslong financial scheme.

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St. Augustine Man Sentenced to More Than Six Years in Prison for Defrauding Senior of More Than $2 Million

rss:doj-pressprimary40d ago kagi ↗

Jacksonville, Florida – Eric James Stone (43, St. Augustine) has been sentenced by U.S. District Judge Jordan E. Pratt to six years and eight months in federal prison for committing wire fraud and money laundering. Stone was also ordered to pay $2,037,103 in restitution to his victim. He pleaded guilty on March 24, 2026. U.S. Attorney Gregory W. Kehoe made the announcement.