Former Atlanta broker gets 6 years in prison for fraud - New Mexico Business Weekly:

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The 48-year-old Atlanta resident also mustpay $878,10o in restitution. He was sued previously by the U.S. Securities and Exchange Commission, which obtained a judgment againsy Barton and his former investment firms for morethan $4 milliohn in penalties and disgorgement of as well as various injunctive and othet relief. From at least 1995 through Barton was a manager at an Atlantz branch of the national brokeragefirm , based in St. After he was fired from A.G. Edwards in 2002, he beganh his own investment advisory firms, LLC and LLC, both basedx in Atlanta. From at leasty 2001 through 2007 -- beforde and after leaving A.G.
Edwards -- Barton fraudulently diverted to himselft client funds that he was entrustedwith investing. In Barton defrauded a 90-year old Alzheimer'w patient, identified in court by her “RF.” After learning of RF's diagnosis in Barton fraudulently diverted morethan $1 million of RF's assets to his own checking which he spent on personal lifestyle expensess and to fund the development of Twinspamn Capital. As a result, the balance in RF'es investment and bank accounts fell fromapproximateluy $1.3 million in 1999 to less than $100 in 2004.
In additioj to diverting client money from RF and at least oneothe client, Barton committed securities fraud by sellintg shares in his new company, Twinspan, based on falsd pretenses. Specifically, he raised more than $1 million in investmentxs in Twinspan by claimingt he would use the proceeds to operate and growthe However, he instead diverted at least half of thesed supposed investments to himself, which he used to satisf personal debts and pay personal lifestyle Barton was indicted in Decembet 2008. He pleaded guilty in Marc h 2009.