Apr 29

Mark Wayne Jaster, of Grand Prairie, Texas, was sentenced on April 29, 2008, in the U.S. District Court, Eastern District of Texas, Texarkana Division, Cause No. 5:07CR10, after pleading guilty to one count of wire fraud. Doing business as InvestWise, Inc., InvestedWise, LLC, JA Financial Services, Inc., and AffluentInvestors, LLC, Jaster solicited funds from individuals for the stated purpose of investing these funds on their behalf but instead spent the majority of the funds on personal expenses. He was sentenced to 78 months in federal prison and ordered to pay restitution of $1,134,623.30.