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1540 WADK.com Updates

A Cranston estate planner has been sentenced to six-years in federal prison followed by community service. Prosecutors say Joseph Caramadre engaged in an investment scheme targeting the terminally ill.  They say he conspired to steal and use the identities of dying people, and made millions-of-dollars in illegal profits from insurance companies and brokerage firms for himself and others, when those people died.  His co-defendant was sentenced to a year in prison.




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