Wausau financial advisor sentenced to 8 years for running a Ponzi scheme, stealing over $1.9 million

Drake Bentley, Wausau Daily Herald
·1 min read

A 41-year-old Wausau man was sentenced to eight years in federal prison after pleading guilty in February to charges related to running a Ponzi scheme that led to more than $1.9 million in personal gains.

Anthony Liddle was sentenced Friday by Chief U.S. District Judge James Peterson in the Western District of Wisconsin.

According to a news release from the U.S. Department of Justice:

Liddle was an investment advisor for his own financial advisory firm, Prosper Wealth Management in Wausau. Between 2019 and 2022, he solicited money from clients allegedly to place in investments, but he never actually invested the money, stealing over $1.9 million.

The DOJ said Liddle had a high profile in the community and that many of his victims were people he befriended. Peterson called his crimes "monstrous" at Friday's hearing.

This article originally appeared on Wausau Daily Herald: Wausau financial advisor gets 8 years for running a Ponzi scheme