Financial crimes

The firm allegedly profited $14 million by fabricating performance records.

Aaron Parthemer misrepresented investments to his pro athlete clients, the regulator claims.

David Bahnsen told the president that that Milken’s prosecution was a result of “a period of class envy run amok.”

The one-time radio host allegedly spent client funds on a $1.45 million on a luxury suite at AT&T stadium, where the Dallas Cowboys play.

The case marks the firm’s second in a month, but its special investigations unit helped crack it.

The RIA rep fabricated account statements and used forged letterheads as part of the deception, investigators say.

William Michael Jordan, who co-founded a popular all-woman rideshare service in Southern California, agrees to industry bar.

Louis Blazer III used client funds to finance 'Mafia the Movie,' according to the complaint.

The advisors collected $1.7 million by fraudulently pushing variable annuities, investigators say.

The move will streamline investigations and standardize sanctions, the regulator says.

Family dynamics can muddy an otherwise clear situation.

The magnate's fallen empire included RCS Capital, the onetime parent of Cetera Financial Group.

Regulations to keep bad actors out of U.S. financial markets could soon apply to RIAs.

The former First Tennessee Bank adviser defrauded numerous customers to satisfy a gambling addiction that started when he was in college, according to court documents.

Approximately $4,500 was used to sponsor a cricket club via a shell company, authorities say.

The cases stem from the investment advice given by a now barred broker, who is accused of soliciting funds for a Miami Beach nightclub he owned.

Robert Cook said wealth management firms "must do their part."

He confessed months after he was caught with 136 pounds of marijuana, investigators say.

The pro athlete met the adviser through his college business professor, authorities say.

On the heels of a record-breaking year in enforcement, the regulator takes aim at cybersecurity, anti-money laundering policies and protection for senior clients.