TRENTON - Acting Attorney General John J. Hoffman announced that a former Morris County financial advisor was sentenced to state prison today for defrauding his parents out of more than $1.3 million while serving as their financial advisor.
Hugh R. Hunsinger, Jr., 50, of Pine Brook, was sentenced to five years in state prison by Superior Court Judge Edward Jerejian in Bergen County. Hunsinger’s insurance producer license will be suspended for a period of five years. In addition, Hunsinger executed a consent judgment in the amount of $1,354,496 in favor of his parents. The sentence was based on Hunsinger's Aug. 6 guilty plea to a criminal accusation charging him with second-degree theft by unlawful taking.