Chad Burroughs

Chad Burroughs and Burroughs Investment Group

Chad Burroughs (Lincoln Advisors) Ordered to Pay $560K By SEC

The final judgment delivered by the Securities Exchange Commission (SEC) has ordered ex-advisor Chad Burroughs to pay $560,000 in disgorgement to elderly victims of his financial fraud. This is a little lower than the $575,000 restitution asked for in the criminal case. In April 2020, Burroughs was awarded a jail sentence of 33 months to …

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Chad Burroughs and Burroughs Investment Group

Chad Burroughs, Former Lincoln Investment Advisor, Sentenced

Update: Chad Burroughs, according to 4/17/20 reports at Hartford Business Journal, was sentenced to 33 months in prison, to be followed by three years of supervised release.  This stems from his misappropriation of $575,000 from his investment clients.  He is currently free on a $100,000 bond and expected to report to prison on June 1, …

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