LOGIN
Subscribe

Adviser gets sacked after ripping off her NFL linebacker client

What Jeff's reading today: Jail time for adviser who ripped off her NFL linebacker client, plus: the taper question, 98% chance of a market crash next year, the yen-dollar trade, New Yorkers dodge taxes, and (surprise!) Congress wastes your money.

A financial adviser who ripped off her lone client, an NFL linebacker, gets sacked with six months in prison and a $2.2 million penalty. "Sophisticated criminal fraudster"
Meanwhile, in Cincinnati, a fake hedge fund manager pleads guilty to operating a Ponzi scheme. $100 million mail and wire fraud

Subscribe or log in to read the rest of this content.

Related Topics: , , , , ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Are AUM fees heading toward extinction?

Are AUM fees heading toward extinction?

The asset-based model is the default setting for many firms, but more creative thinking is needed to attract the next generation of clients.

Advisors tilt toward ETFs, growth stocks and investment-grade bonds: Fidelity

Advisors tilt toward ETFs, growth stocks and investment-grade bonds: Fidelity

Advisors hail traditional benefits of ETFs while trend toward aggressive equity exposure shows how 'soft landing has replaced recession.'

Chasing retirement plan prospects with a minority business owner connection

Chasing retirement plan prospects with a minority business owner connection

Martin Smith blends his advisory niche with an old-school method of rolling up his sleeves and making lots of cold calls.

Inflation data fuel markets but economists remain cautious

Inflation data fuel markets but economists remain cautious

PCE inflation data is at its lowest level in two years, but is that enough to stop the Fed from raising interest rates?

Advisors roll with the Fed’s well-telegraphed monetary policy move

Advisors roll with the Fed’s well-telegraphed monetary policy move

The June pause in the rate-hike cycle has introduced the possibility of another pause in September, but most advisors see rates higher for longer.

Latest news

Global bonds fall again amid stubborn inflation outlook

Global bonds fall again amid stubborn inflation outlook

Investors are impatient, they want big earnings

How to make your firm stand out from the competition

One-third of healthcare workers aren’t confident about retirement

WisdomTree woos more advisors with portfolio solutions offering

Broker who took client funds for 17 years is barred

Ether ETF aspirants take the starting blocks ahead of anticipated July approval

BNY names new global head of investments and wealth

Hints of jobs slowdown put Fed on the alert

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print

Subscribe

Get unlimited access to InvestmentNews

Subscribe for just
$19.99 per month.

Subscribe