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The United States Attorney’s Office has filed a complaint against former AXA Equitable Life Insurance Company agent Dennis Wright that alleges the Lewistown, Pa., resident used $1.5 million in clients’ assets for his own purposes. So reports insurancenewsnet.

Wright could face a maximum penalty of 25 years in prison and a fine of $1 million.

Read the full article from insurancenewsnet.

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