Investigation and Prosecution:
The case was thoroughly investigated by the Iowa Insurance Division Fraud Bureau and the Federal Bureau of Investigation (FBI), with assistance from local police departments and the Iowa Department of Public Safety’s Division of Criminal Investigation. Their dedication to protecting the citizens of Iowa culminated in this significant sentencing.
Recognitions:
Special investigators Denise Rudolph and Chris Scanlon from the Iowa Insurance Division Fraud Bureau, along with Special Agent Kevin Kohler of the FBI, were honored with the Law Enforcement Victim Service Award by the U.S. Department of Justice and the U.S. Attorney’s Office for the Southern District of Iowa in April 2024. This recognition highlights their exceptional efforts in bringing justice to the victims.
In cases like these, the trust placed in financial advisors is sacred, and when that trust is broken, the consequences can be devastating. The severe sentence handed down to Mr. Flaherty is a testament to the justice system’s commitment to protecting our most vulnerable citizens.
