Ex-Army Financial Counselor Sentenced for Defrauding Gold Star Families

Caz Craffy receives over 12 years in prison for exploiting military survivors' benefits in a $10 million scheme.

Craffy targeted grieving families, convincing them to invest in unauthorized high-risk trades.
He pocketed $1.4 million in commissions while families lost $3.7 million.
Craffy used his Army credentials to gain trust and access to vulnerable families.
The scheme involved multiple counts of wire and securities fraud, among other charges.
Legislation has been introduced to enhance vetting of military financial counselors.