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Former Grand Rapids financial adviser sent to prison

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GRAND RAPIDS (WKZO) -- A man who worked as a financial adviser in Grand Rapids is headed to federal prison for four-and-a-half years.  The Justice Department says Lawrence McCoy of Bitely has been sentenced to 54 months behind bars after pleading guilty in September to a charge of wire fraud.  McCoy sold mutual funds and insurance in Grand Rapids and Holland, defrauding six clients with losses passing 700,000-dollars from 1995 to 2009.

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