Hotton also sought reimbursement for an $18,000 safari and thousands of dollars in other expenses, supposedly incurred while soliciting investors, prosecutors said.
He was sentenced in that case to 34 months in prison.
He is still awaiting sentencing on additional wire fraud and money laundering charges, pending in Federal Court in Central Islip, New York. Authorities say the schemes in that case, which played out for nearly two decades, resulted in more than $15 million in losses.