(FamilyConservationPAC.com) – A former U.S. Army Reserve officer who served as an Army financial advisor was charged criminally on July 7 for cheating Gold Star families by losing $3.4 million of their assets while earning $1.4 million in commissions. He also stole $1.4 million from the families.

Through a 10-count indictment, the U.S. Department of Justice accused Caz Craffy, 41, of Colts Neck, New Jersey, of wire fraud, securities fraud, and making false representations to defraud at least 20 Gold Star families.

The immediate family of a military service member who died while on active duty is known as a "Gold Star family." The surviving beneficiary of this person is entitled to a death payout of $100,000 and a maximum of $400,000 in life insurance.

According to reports, Mr. Craffy deceived family members into giving him hundreds of thousands of dollars in military benefits for their deceased loved ones.

About Family Conservation PAC

The Family Conservation PAC (FCPAC) believes in empowering families to stand for the values our Founding Fathers stood for. Together, we can make America solvent, stronger, and safer today and for future generations. Building an America Where Freedom, Opportunity, Prosperity, and Civil Society Thrive.

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