Ralph A. Saviano, a 72 year-old financial advisor from Bridgewater, New Jersey, was sentenced to 27 months in prison for taking $138,000 from two elderly investors. Saviano told his clients that he was investing their money in conservative investments when in fact he was taking the money for his own personal use. Saviano had pled […]

A Somerset County, N.J. financial advisor, Ralph A. Saviano, 72, of Bridgewater, was sentenced on Wednesday, September, 25th., 2013, to 27 months in prison for stealing $138,000 from two elderly investors and funding his "lavish lifestyle" with money he claimed to be investing in conservative securities and his business, U.S. Attorney Paul J. Fishman announced […]