SCOTTSDALE, Ariz. — A Scottsdale man has been sentenced to eight years in prison after he was found guilty of defrauding millions of dollars that he used to fund a lavish lifestyle, officials say.
David Allen Harbour, 49, was convicted earlier this year of money laundering and wire fraud for crimes that took millions of dollars from his investors. He was sentenced on Jan. 30 in federal court.
According to the U.S. Attorney's Office of Arizona, the investment advisor cheated numerous victims between 2007 and 2021 by promising big returns on their financial investments.
Not to be confused with the actor from "Stranger Things," this David Harbour slayed bank accounts instead of Demogorgons.
The defendant used the investments to pay for expensive items that included country club memberships, traveling on private jets, speedboats, and jewelry.
Harbour even had enough funds to afford a private concert put on by The Eagles for his 40th birthday celebration, prosecutors said.
A federal jury found Harbour guilty of six counts of wire fraud and 11 counts of money laundering. He also pleaded guilty to one count of tax evasion.
During his sentencing, the judge increased the defendant's sentence because he allegedly tried paying witnesses not to testify against him before the criminal trial started.
“The defendant will have eight years in federal prison to reflect on his long-term pattern of deception,” U.S. Attorney Gary Restaino said in a statement.
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