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The judge declined the barred rep’s request for sentence reduction based on his “severe” bipolar disorder and restitution efforts.
June 4 -
The barred ex-rep funneled clients’ money into a shell company he falsely called a sub advisor, according to investigators.
June 4 -
The barred ex-Mutual of Omaha rep stole from 27 mostly older fellow members of his church, YMCA and local business organizations, investigators say.
June 4 -
After Brooklynn Chandler Willy recommended that the clients invest $100,000 into an LLC, its principals were arrested on federal fraud charges, the filing says.
May 20 -
The wealth managers paid victims restitution prior to one barred rep’s guilty plea and another one’s sentencing.
March 23 -
The broker allegedly spent his client’s money on luxury items then pivoted to a Medicare fraud scam a couple of years later.
March 16 -
Three recent criminal cases raise concerns that wealth managers and regulators aren’t detecting alleged fraud quickly enough or disclosing basic information about crimes and disciplinary problems.
March 12 -
He allegedly used the money to pay gambling debts and credit card bills, according to federal prosecutors.
February 17 -
The 33-year-old advisor allegedly spent clients’ money on luxury items and business expenses for his startup.
February 11 -
Wealth managers acting as “downstream broker-dealers” allegedly made $187 million in commissions and other selling fees on GPB Capital investments.
February 4