A former Chico personal banker/broker who ripped-off an elderly client for $88,850 was sentenced to probation in the Butte County Superior Court.
Jeffrey McClure, 38, of Chico, had written approximately 36 checks from his 91-year-old victim’s bank account to himself. At the time, McClure worked for Wells Fargo Advisors, LLC and an affiliated bank; the latter of which had already compensated the elderly customer.
McClure was prepared to re-pay $45,000 as partial restitution and is reportedly working as a long-haul trucker in order to complete restitution plus 10% interest.
Read the original article in the Gridley Herald.