Ex Advisor Admits to Defrauding Clients

By Tom Costello of Costello Law Group  The former president of Coastal Investment Advisors Inc., Michael Donnelly, admitted to defrauding his clients. Donnelly swindled almost $2 million from 13 clients, many of whom were over the age of 65. According to the SEC, Donnelly misappropriated money provided to him by his clients for […]

Continue Reading