A Middleboro financial advisor is facing up to 20 years in prison after being charged in Federal District Court with defrauding and stealing retirement assets from his elderly clients.
insurance fraud Massachusetts
Worcester Investment Adviser Charged With Stealing $2.9 Million From His Clients
A former investment adviser representative has entered into a plea agreement for misappropriating $2.9 million from his investment advisory clients between 2010 and 2019.
Acton Agent Sentenced To 8.5 Years For Stealing $3.8 Million From Clients
An Acton financial adviser and insurance agent has been sentenced to federal prison for stealing over twenty years, $3.8 million from brokerage accounts, insurance policies, and annuities he controlled or managed for clients.
Mass. AG Sues UnitedHealth Over Deceptive Sales To Its Consumers In The Commonwealth
The AG alleges that the Defendants misled consumers into buying $43.5 million worth of unnecessary health insurance products.
Peabody Contractor Indicted For Insurance Fraud And Payroll Tax Evasion On $2.5 Million Of Under-The-Table Wages
The indictment also alleges that between 2011 and 2017, the Defendant defraud the IRS of approximately $1 million in payroll taxes.