Fraud detection

Chuck Person persuaded student-athletes to form illegal business relationships with at least one financial advisor.

The banker involved in a case going before the justices is accused of misrepresenting the financial condition of a client.

FINRA says the firm did not disclose necessary client issues or hacking attempts.

One high-net-worth client with more than $20 million in assets took the majority of the losses, the regulator says.

The advisor allegedly sold $13 million worth of high-risk securities without disclosing that she earned commissions of up to 18%.

State Treasurer John Chiang says that Wells Fargo is keeping patterns of abuse hidden from view by resolving customer disputes through private arbitration.

The bank disclosed earlier this month that it faces a U.S. inquiry into its purchase of low-income housing credits.

The SEC claims Schwab failed to file reports on suspicious transactions by independent advisors.

Company policies were not reasonably designed to detect and prevent misconduct, the SEC claims after one advisor allegedly misappropriated more than $5 million from client accounts.

Prosecutors are presenting evidence of his training in securities markets to show that he'd likely know the information was purloined.

The dirty little secret about elder exploitation is that almost 60% of cases involve a perpetrator who is a family member, according to a 2014 study.

A recent report about bad incentives for brokers "did not accurately reflect how we do business and serve our clients," said Jon Weiss, head of wealth and investment management.

The regional BD failed to properly document its own investigations in the matter, and couldn't answer some SEC questions about who knew what and when, the regulator says.

The organization awarded millions to firm insiders that provided information in a 2016 case against BofA.

The FBI has reportedly interviewed employees at the bank’s wealth management unit.

Religious groups threaten to withdraw shareholder proposal on the bank’s decision.

One recruiter says, "If I'm an advisor at Wells Fargo right now, I have to ask myself is this the firm I want to tie my future to?"

Spanning 50 federal districts, the case involves criminal and civil charges for as many as 200 defendants.

The stolen funds allegedly went to pay for college expenses and credit card bills, according to federal prosecutors.

Authorities say the now barred broker concealed his fraud through a variety of methods, including by creating falsified tax forms and lying to accountants.