Week's Best: Former Edward Jones Advisor Sentenced to Prison
Here’s our weekly roundup of the most-read articles at Barron’s Advisor.
Source: barrons.com
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Week's Best: Former Edward Jones Advisor Headed to Prison
A former Edward Jones advisor has received a two-year prison sentence after he pleaded guilty to wire fraud in December. Prosecutors said Ronald Molo, whose…
Source: biztoc.com
Ex-Edward Jones Advisor Gets 2 Years in Prison for Stealing From Older Clients
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Source: biztoc.com
Ex-Edward Jones Advisor Gets 2 Years in Prison for Stealing From Older Clients
Ronald Molo stole around $800,000 from three clients who thought they were buying tax-exempt bonds, the Justice Department found.
Source: barrons.com
Broker settles with SEC after luring investors into fake tax-exempt bonds
Illinois-based broker dealer Ronald Molo has been fined $815,104 in disgorgement and prejudgment interest and has been permanently enjoined from participating in the issuance, purchase, offer or sale of any security.
Source: bondbuyer.com