Crime and misconduct

A 2018 law protects wealth managers who report scams against seniors — but it can only help them if they're aware of it.

Former Goldman partner Adam Dell, 53, was accused of sending graphic footage of himself to a junior staffer in 2020.

Americans lost 30% more money to scams last year than in 2021. And the biggest losses were from seniors.

The church agreed to pay $1 million, while its Ensign Peak Advisers paid $4 million, to settle the SEC complaint that they failed to file forms disclosing the church's equity investments.

Investment scams are as old as investments themselves, and it doesn't get any easier to avoid falling prey to them. But advisors can help.

A lack of adequate safeguards has made it too easy for criminals to prey on elderly Americans.

When an elderly person is scammed, a new study shows, many Americans blame the victim. Advisors can help break that habit.

Scam artists are increasingly targeting elderly Americans for their retirement savings. But the warning signs can be obvious, if investors — or their advisors — know what to look for.

Catch up on the bits of wealth management news you might have missed over the last week.

Here's what happened over the last week in wealth management.

A law firm’s analysis of what the self regulator is doing to rein in bad brokerages and advisors marshalls data not easily found.

A longtime Merrill Lynch veteran, Michelle Avan advocated for Black women and other under-represented talent.

The managing director was arrested for two domestic violence incidents over a three-week period.

Moves and news at Macquarie, Rockefeller, Vanguard, Orion, and elsewhere in the financial-advice industry this week.

Prosecutors say Carlos Kepke conspired with Smith from 1999 to 2014, and aided and assisted in the preparation of materially false tax returns.

After a month of failed attempts to recover the cash, a Louisiana woman was arrested on charges of bank fraud, theft and illegal transmission of monetary funds.

The police, FBI, SEC and IRS, among other agencies, have been trying to track ex-advisor Chris Burns for months, to no avail.

He allegedly used the money to pay gambling debts and credit card bills, according to federal prosecutors.

Fake name, phony credentials, Ponzi-like payments but real victims — this is what authorities are saying about this business.

James Booth’s seven-year fraud bilked investors out of nearly $5 million.