A federal judge has sentenced Keith Todd Ashley to life in prison. Ashley was convicted last fall of several fraud-related charges and is suspected in the murder of one of his clients.

“Keith Ashley funded his lavish lifestyle and attempted to rescue his failing business by robbing his clients of financial security, and when that wasn’t enough, he robbed one of his life,” said Dallas FBI Special Agent in Charge Chad Yarbrough. “Many local and federal resources came together to seek justice for the victims, and our hope is that today’s sentence can bring continued healing to the families and friends who will be forever impacted by the greed and deceit caused by the defendant.”

Prosecutors say Ashley was a nurse who began working as a financial advisor and life insurance agent in 2016. He also owned Nine Band Brewing in Allen. Prosecutors say the brewery was not doing well, so Ashley began stealing money from his clients to keep it in business – and to pay his personal expenses. He’s believed to have stolen more than $1 million from his clients.

Prosecutors say Ashley also named himself as the beneficiary of the life insurance policy of one of his clients. 62 year old James Seegan of Carrollton. Investigators determined Seegan’s death had been staged to look like a suicide, but that he was actually murdered.

Ashley has been convicted of wire fraud, mail fraud, carrying a firearm in relation to a crime of violence and bank fraud. The decision on pursuing a trial on murder charges in Seegan’s death will be up to the Dallas County District Attorney’s Office.

“Ashley is a cunning and cold-blooded killer who went to great lengths to steal clients’ life savings and even kill to gain control of their finances,” said Carrollton Police Chief Roberto Arredondo. “Ashley is a
con artist and menace to society who would stop at nothing to rob a man of his life, to benefit his own. We are pleased the family has found justice,” Arredondo said.

Federal prosecutors also expressed satisfaction with the judge’s decision to issue a sentence of life in prison.

“Today’s sentence brings a sense of relief and justice to the victim’s family and friends, who have endured pain and grief as a result of the defendant’s horrific actions,” said U.S. Attorney Damien M. Diggs.  “Mr. Ashley’s actions of defrauding and ultimately taking the victim’s life is reprehensible and indefensible.  I’m grateful to our local and federal law enforcement partners who worked tirelessly on this case.  Their dedication was essential in bringing this defendant to justice.”

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