- Associated Press - Tuesday, September 30, 2014

LAFAYETTE, La. (AP) - A former financial services salesman has been sentenced to more than 10 years in federal prison for his role in defrauding Lafayette residents of more than $6 million, costing many of them their life savings.

U.S. District Judge Richard Haik gave 45-year-old Richard Buswell a 126-month prison term on Tuesday and ordered him to pay restitution of $6.3 million to his victims.

Buswell also is scheduled to be sentenced in December for his role in selling synthetic marijuana through the Curious Goods chain of smoke shops, a criminal case that snared several other defendants.

The Advocate reports (https://bit.ly/Zop2Nz ) Buswell pleaded guilty to both the investment scheme and Curious Goods charges in July 2013.

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Information from: The Advocate, https://theadvocate.com


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