Financial planner sentenced to prison

BIRMINGHAM, AL (WBRC) - A certified public accountant was sentenced Wednesday to nearly four years in prison for stealing from his clients.

U.S. Attorney Joyce White Vance, in a statement Wednesday to FOX6 News, said Andrew D. Petrofsky, 31, of Birmingham, was sentenced to 44 months in prison and ordered to pay $871,000 in restitution to his victims.

Vance said Petrofsky pleaded guilty in December to wire fraud and forgery, admitting he stole $871,000 from six investment accounts he managed while working as a CPA and financial planner with Professional Asset Strategies between January 2006 and May 2008. Prosecutors said Petrofsky hid the thefts by falsifying the clients' account statements.

According to the statement, the thefts were discovered after Petrofsky was caught stealing $281,000 from the Roteract Club of Birmingham, for which he was treasurer.  Prosecutors said Petrofsky used some of the money he stole from the client accounts to repay what he owed to Roteract.

Petrofsky must report to prison May 17th.

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