Brokers News 

Broker who scammed elderly N.J. couple out of $270K with phony investments sentenced to prison

“A broker from Essex County will serve three years in prison for convincing an elderly couple to $270,000 into an investment program that did not exist and using the money for himself, authorities said Friday” writes Attrino Tattrino Njadvancemedia for nj.com. When Siegel moved to another brokerage firm the following year, the couple again transferred their investments so Siegel could manage them, Grewal said.The Bureau of Securities asks people to call them before they invest to make sure the securities offered are properly registered.
 
Source: nj.com



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