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Ex-Wells Fargo advisor indicted on fraud charges

Ex-Wells Fargo advisor indicted on fraud charges
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Feds Say NJ Investment Advisor Stole $2.8 Million from Clients

Authorities say a former broker and investment advisor from Bergen County has been arrested for allegedly stealing over $2.8 million from his clients.

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Ex-Wells Fargo advisor arrested in New Jersey on fraud charges

A former Wells Fargo investment advisor stole nearly $3 million from clients, using the money for personal expenses and to buy gold coins, federal prosecutors said.

River edgeNew jerseyUnited statesKennetha welshWells fargoIndustry newsFinancial crimes

Former NJ Wells Fargo Adviser Arrested For Stealing Nearly $3 Million From Clients

Former NJ Wells Fargo Adviser Arrested For Stealing Nearly $3 Million From Clients
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SEC Charges Financial Adviser With Stealing Investor Funds To Pay Off Credit Cards, Buy Gold Coins

<p><span>The Securities and Exchange Commission today charged a former New Jersey-based broker and investment adviser representative with stealing nearly $3 million from his advisory clients and brokerage customers, which he used to buy gold coins and other precious metals and funnel to family credit card accounts that he controlled.</span></p>

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