Securities fraud

Edward E. Matthes allegedly renovated his home, paid child support and bought luxury items with client money.

He used client funds money to pay for massages, jewelry and to shore up his wife's failing pet store.

The advisor was charged with overbilling clients by hundreds of thousand of dollars and diverting millions from the company’s payroll to his own account.

“I want to give a huge thank you to my clients” for feeding local families, Keith Springer blogged the same day the SEC filed its complaint.

A former rep has drawn at least 30 claims after pleading guilty to fraud, while clients of another ex-LPL advisor are seeking damages five years after his initial arrest.

Her hospitalized client's accounts had more than $14 million in transactions over a nine day period, according to FINRA.

He used investor money for his $6.7 million home and $3.1 million for chartering planes and personal travel, according to prosecutors.

NASAA’s annual survey of regulators sheds light on legal proceedings against BDs, RIAs and unregistered firms that often go unnoticed in the wider industry.

Elias Herbert Hafen, “every client’s worst nightmare,” could face years in jail. The wirehouse says it is repaying clients.

Following a plea agreement, Bradley Mascho is sentenced for his role in defrauding investors of more than $20 million.

The agency's goal of trying to recover client losses allows advisors accused of fraud to decide who'll manage their clients’ remaining assets.

Over a nine-year period, he allegedly defrauded clients of more than $2.1 million.

A barred and terminated former Securities America advisor’s conduct was “appalling, reprehensible and evil,” according to a federal judge.

The once high-profile RIA owner ran a $20 million Ponzi scheme, federal prosecutors said.

A barred broker told clients the lifestyle media company was about to be acquired, so “they needed to act quickly,” according to the regulator.

Dennis Gibb used client funds to pay for his own business and personal expenses, such as mortgage and car payments.

Clients seeking to recoup some $14 million in damages have received only 12% of their total claims, according to an SEC-appointed receiver.

Listening to a customer service call produced a big surprise. It also showed how firms can take one position to fight complaints in private, but another in public.

Christopher Dougherty’s proferred investments allegedly included real estate properties and a 100-acre organic farm.

Frederick McDonald Jr. is accused of failing to disclose key risk factors regarding the complex world of the cannabis manufacturing industry.