Haithcock, who was based in North Carolina, lied to victims, claiming he worked as a registered investment advisor. in the Justice Department indictment). According to the Justice Department, Haithcock would find victims in several ways, including by word-of-mouth referrals and through a local church. After taking investors’ money, Haithcock would concoct fake reports showing their purported portfolio gains, but he stole victims’ funds instead of investing them. As part of the Justice Department plea agreement, Haithcock also agreed to two years of supervised release following his prison sentence, and will pay $655,498.93 in restitution and forfeiture.