A federal court has sentenced a Pennsylvania investment advisor to more than 21 years in prison for squandering millions of dollars in investors' assets while falsifying statements to indicate strong returns and stable principal balances.

Robert Glenn Bard, who ran the independent advisory firm Vision Specialist Group as its sole proprietor, was found guilty on 21 counts of fraud stemming from a litany of misrepresentations made to clients from December 2004 through August 2009.

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