Close

Kickbacks

Adviser in Trouble After Accepting Kickbacks

By Tom Costello of Costello Law Group  Donald Toomer, an investment advisor from Henderson, Nevada, was recently indicted by a grand jury in New Jersey on fraud charges related to kick backs he received. The federal prosecutors allege that Toomer was involved in a “pump and dump” scheme. The prosecutors believe that Toomer […]

Continue Reading

Total Wealth Management in Trouble After Allegedly using Client Funds to Settle Regulatory Claims

By Tom Costello of Costello Law Group Total Wealth Management and its founder, Jacob Cooper, are in trouble again with the Securities and Exchange Commission (SEC) after using client funds to settle a prior case with the SEC. To help settle the original charges, the firm and Cooper allegedly misappropriated $150,000 of client […]

Continue Reading