Former LPL Advisor Charged in $2.8M Fraud Sutton, Mass.-based advisor James Couture was charged with wire fraud and aggravated identity theft and was accused of using client funds for his own personal and business expenses. A Massachusetts-based investment advisor could face a lengthy prison sentence after being charged with defrauding a number of clients of more than $2.8 million over the span of more than a decade, the Department of Justice announced Wednesday. The Securities and Exchange Commission filed parallel charges against James Couture, of Sutton, Mass., arguing that he ran a...