A Detroit investment fund owner convicted of stealing more than $30 million from clients has been sentenced, the U.S. Attorney's Office for the Eastern District of Michigan said.

Andrew Middlebrooks, 33, was given 8.3 years in prison on Monday by a federal court judge in Detroit, according to court records and U.S. Attorney Jerome Gorgon Jr.

"This financial charlatan used sophisticated methods and a complex web of deception to trick unsuspecting victims into trusting him with their money," Gorgon said in a statement. "Con artists like this will be prosecuted to the full extent of the law."

Middlebrooks is the former majority owner, CEO, chief investment officer and portfolio manager for a private hedge fund called EIA All Weather Alpha Fund 1 Partners, officials said. He started the fun

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