Robert Morley, Jr., 69, of Jackson was arrested and arraigned Friday, March 23, on multiple counts.
Attorney General Bill Schuette announced the charges of one felony count of conducting a Continuing Criminal Enterprise and 29 felony counts of Embezzlement Over $1,000.
Morley was a Jackson Financial Planner and he allegedly converted over $700,000 from now deceased clients whose investments he was managing.
"Stealing from someone who has entrusted you with their life savings for any reason is beyond the pale," said Schuette. "I want to thank my Corporate Oversight Team and the Department of Insurance and Financial Services for diligently working to protect Michigan citizens from these kinds of criminals."
According to the announcement, Morley left the state after an arrest warrant was filed. The Leelanau County Sheriff's Department, Michigan State Police Fugitive Team and TSA assisted special agents of the Attorney General's Office in locating Morley and he was arrested on March 23, 2018 at Detroit Metro Airport.
Morley's arraignment was before Jackson County District Court Magistrate Bishop via video.
His bond was set at $500,000.
His next court appearance is scheduled for March 30 at 9:30 AM.
