The previous Parkland Securities dealer who was charged with murdering a shopper in 2020 whereas he was already beneath investigation for a Ponzi scheme has been sentenced to life in jail for a number of federal crimes together with a gun cost tied to the shopper’s loss of life, the U.S. Legal professional for the Japanese District of Texas, Damien M. Diggs, introduced Thursday.

Keith Todd Ashley, 51, was indicted by a federal grand jury on Nov. 12, 2020. He was later discovered responsible by a jury of wire fraud, mail fraud, carrying a firearm in relation to against the law of violence and financial institution fraud in October 2022.

On Thursday, Ashley was sentenced to life in federal jail by U.S. District Decide Amos L. Mazzant.

Homicide Case

Ashley was charged with the homicide of 62-year-old James “Jim” Seegan after his arrest in 2020 in Carrollton, Texas.

The Justice Division didn’t cost Ashley with homicide. A separate homicide case towards him was initiated by the Dallas County District Legal professional’s Workplace. A trial has but to start, in response to on-line court docket information on the District Court docket of Dallas County’s web site. It wasn’t clear on Friday when a trial is anticipated to start. A spokesperson for the District Legal professional instructed ThinkAdvisor on Friday solely that it’s “nonetheless an lively pending case.”

On Feb. 19. 2020, Seegan’s spouse “discovered her husband lifeless of a gunshot wound to the top when she returned” to their Carrollton house, Carrollton police stated on the time, including: “Immediately subsequent to him was a typed be aware indicating it was a suicide.”

Nonetheless, throughout a nine-month, “advanced investigation, detectives discovered proof that Ashley really incapacitated, then murdered Seegan in an try to achieve management of his funds,” Carrolton Police claimed.

Along with serving as Seegan’s monetary advisor, Ashley was a pal who would periodically go to the Seegan house, Carrollton police stated, including: “In the course of the course of the investigation, detectives additionally recognized a number of different victims of a ‘Ponzi’-type scheme Ashley orchestrated.”

Business Bar

Ashley joined Parkland Securities in 2002 and remained with the agency till 2020, when the corporate terminated him.

In a disclosure on his report on the Monetary Business Regulatory Authority’s BrokerCheck web site, the agency stated there was “cause to imagine that the consultant engaged in undisclosed outdoors enterprise actions and in addition failed to offer the agency with prior discover of personal securities transactions involving his privately held firm.”