A former financial advisor in Georgia accused of fleecing his clients out of more than $1.3 million has pleaded not guilty to 23 felony charges, according to local news reports.

Local authorities arrested Dean Harrison Grant in February 2019, eventually charging him with 10 counts each of insurance fraud and theft, two counts of trafficking an elderly person for financial exploitation and one count of first-degree forgery. Grant was released on a $750,000 bond in March, and last week pleaded not guilty to all of the charges, writes the Atlanta Journal-Constitution, citing a Baldwin County clerk.

Each of the insurance fraud charges alone carries a maximum 10-year sentence.

As founder and owner of GFG Strategic Advisors in Milledgeville, Ga., Grant allegedly raised hundreds of thousands of dollars purportedly for insurance-related investments for clients but kept the money for himself, the Georgia Department of Insurance alleges, according to the publication. The regulator revoked his license effective Aug. 29, 2019.

Finra barred Grant in May after he refused to provide requested information for an investigation of allegations that he had converted client funds, forged documents and failed to disclose certain liens, according to his BrokerCheck profile.