June 13, 2011
He was once heard on 1190-AM in Dallas Texas. Soon 43-year old Clifford Wayne Robertson will be preaching his investment advice to men in orange jump suits and the four cinder-block walls of a jail cell. Robertson was sentenced to eight years in prison for bank fraud. That'll be followed up by another two years for identity theft. Prosecutors, with help from the FBI, say in 2001 Robertson used someone else's identity to submit a bogus financial statement to get money by false pretenses. The feds estimated Robertson caused about $3 million in financial damage starting in 2007. He was indicted in 2009.
