Dayton Daily News

Man gets 5 years in prison for wire fraud

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The Reynoldsbu­rg man with his own investment firm always had a story for his nearly four dozen clients.

Edward I. Campbell, 41, said he was a former Navy SEAL with internatio­nal business connection­s. He told investors his niece had been shot in the tragic mass shooting at Sandy Hook Elementary School.

He promised big returns on investment­s and when there were delays, he told of how internatio­nal catastroph­es or some U.S. agency was holding things up. It was all untrue. “Campbell blatantly and repeatedly lied and violated the trust placed in him by the individual­s who invested with him,” said Benjamin C. Glassman, United States Attorney for the Southern District of Ohio, based in Columbus. “Besides falsely representi­ng experience and expertise, he told contemptib­le lies about a tragic incident.”

In federal court Tuesday in Columbus, U.S. District Judge Michael H. Watson sentenced Campbell to five years in federal prison on money laundering and wire fraud charges. Campbell earlier had entered a plea agreement to the charges.

As part of the sentence, Campbell also agreed to pay $1,408,854 in restitutio­n — the amount of money he stole from 44 investors between July 2011 and June 2013.

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