CAPE GIRARDEAU — Two former Perryville financial advisers were given lengthy federal prison sentences Friday for operating a nearly 20-year fraud scheme that drained the life savings of dozens of local investors — many of them seniors — and shattered trust across the community.
James “Jim” Johnson, 78, was sentenced to 188 months (15 years, 8 months) in federal prison. His partner, Darrell Niswonger, 69, received 150 months (12 years, 6 months). Niswonger’s shorter sentence came at the request of federal prosecutors, who explained that he provided assistance that helped solidify the case against the pair.
For the complete story, see the 11/20 edition of the Perry County Republic-Monitor.
