Financial Advisor Fraud

Morgan Stanley Shaw Good Barred

Morgan Stanley Advisor Shaw Good Barred After $4.8 Ponzi Scheme

Formerly registered with Morgan Stanley, Wilmington, North Carolina-based financial advisor Shawn Good has been accused of operating a $4.8 million Ponzi scheme by the Securities and Exchange Commission (SEC). According to reported news, he faces two charges of felony. A federal judge in North Carolina has barred him from selling securities based on the permanent […]

Morgan Stanley Advisor Shaw Good Barred After $4.8 Ponzi Scheme Read More »

Rauch Pease Wealth Management

Wells Fargo Advisor Rauch Pease Wealth Management Asked to Pay $731K Plus Interest for Churning

It has been determined by the arbitrators in a FINRA (Financial Industry Regulatory Authority) arbitration case that Wells Fargo, along with a former financial adviser Gregory Pease, are guilty of churning in a customer’s account and must pay $731,587 as compensation. The Claim The claim was filed by Edward A., the chief executive of Owens

Wells Fargo Advisor Rauch Pease Wealth Management Asked to Pay $731K Plus Interest for Churning Read More »

Morgan Stanley Advisor Shawn Good

Morgan Stanley Advisor Shawn Good to Forfeit $3.2M, 2 Houses, for Ponzi Scheme Fraud

Formerly registered with Morgan Stanley, Wilmington, North Carolina-based financial advisor Shawn Good has been accused of operating a $4.8 million Ponzi scheme by the Securities and Exchange Commission (SEC). According to reported news, he faces two charges of felony. A federal judge in North Carolina has barred him from selling securities, based on the permanent

Morgan Stanley Advisor Shawn Good to Forfeit $3.2M, 2 Houses, for Ponzi Scheme Fraud Read More »

Scroll to Top