A former Massachusetts certified financial planner and his colleague spent $1 million of their clients’ funds on personal expenses, including fast food, legal fees and ATM withdrawals at casinos, the SEC alleges.

A judge has frozen the assets of former CFP Gregg Caplitz and his chief investment officer, Rosalind Herman, as well as three of her family members for a “scheme” that ran between 2009 and last year, according to the SEC complaint.

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