Federal Judge Denies JPMorgan Chase’s Attempt to Escape FINRA Arbitration Over Son’s Theft from Elderly Mother – What This Means for JPMorgan Fraud Victims Justice prevailed. In a landmark ruling that sends shockwaves through the financial services industry, US District Judge Jesse Furman delivered a crushing blow to JPMorgan Chase’s attempts to avoid accountability in […]
Elder fraud is a growing crisis in our society. The term âElder Fraud Crisisâ refers to the rising problem of older adults losing money through scams and financial abuse. One recent headline, âExecutor Embezzles $3.7 Million From Dementia Patient,â shows how serious this issue can be for families and investors like us. A 66-year-old trustee
Elder Fraud Crisis: Executor Embezzles $3.7 Million From Dementia Patient Read More »
We’ve seen a troubling case in the financial advisory world. Thomas Jarrett, a former Wells Fargo financial advisor, was fired for accepting instructions from a client with dementia. This serious breach led to fines and suspension from his position in the industry. Financial advisors must protect their clients, especially those with mental impairments. The case
Thomas Jarrett Fired After Taking Orders From Dementia-Impaired Client Read More »
Autocallables Notes have grown into a major investment product, with $122 billion in sales over four years. Major banks like UBS, Goldman Sachs, JP Morgan, Citigroup, and Morgan Stanley lead this market through 11,122 issuances from 2019 to 2023. These structured products offer high coupons and automatic redemption features that appeal to conservative investors who
Autocallables Notes: Investors Seek Legal Recourse After Autocallable Notes Implode Read More »
Federal prosecutors in Chicago charged Ralph Rogers III with wire fraud on March 6, 2025. The 62-year-old investment adviser from Batavia faces serious allegations of deceiving clients through fake business schemes. We learned that Rogers promised investors lucrative returns from nonexistent ventures in fiber optic cable installation and copper piping projects between 2021 and 2023.
Ralph Rogers III Charged With Wire Fraud In Investment Scheme Read More »