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A Minneapolis investment advisor is facing criminal charges and SEC fines in connection to a fraudulent scheme, according to federal prosecutors. (Shutterstock)
MAPLE GROVE, MN A Maple Grove man is facing federal fraud charges after stealing over $2 million from his clients, according to the Department of Justice.
The man, Isaiah L. Goodman, has been charged with one count of mail fraud after a nearly two-year operation stole some $2.25 million from at least 20 of his clients, according to a news release from the U.S. Attorney s Office for the District of Minnesota.
According to the release, Goodman told his clients the funds he collected from them would be invested in securities for retirement and investment accounts but instead used the funds for personal and business expenses.
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