A retired financial adviser who took more than $800,000 from a retired widow has been sentenced to three years and two months in prison. Seventy-three-year-old Walter Hollis, of Wichita, was sentenced Tuesday for one count of felony theft.
Prosecutors say he embezzled the money from a 75-year-old widow between 2014 and 2018 after she had been his client for several years. Hollis took the money from two trust funds. He was ordered to pay $822,322 in restitution.
The woman testified Tuesday that Hollis destroyed her sense of security and denied her descendants their inheritance. Hollis blamed his crime on a gambling addiction and a difficult upbringing.
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