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Middle River Man Barred from the Securities Industry

By Tom Costello of Costello Law Group Michael Roger Griffith of Middle River, Maryland was barred from the securities industry by the Financial Industry Regulatory Authority (FINRA). Griffith was accused of allegedly submitting an unauthorized life insurance application and setting up unauthorized automatic withdrawals from the customer’s bank account to fund the policy. […]

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Maryland Attorney Pleads Guilty to Stealing Thousands from Client

By Tom Costello of Costello Law Group  Charles J. Broida, an attorney from Columbia, Maryland, pleaded guilty to stealing over $28,000 from a client. Broida received a six month suspended jail sentence and was ordered to complete 300 hours of community service. The state’s attorney charged Broida with one count of theft. Broida, […]

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Forest Hills Broker Barred

By Tom Costello of Costello Law Group  Jonathan Spencer Williams, a registered representative from Forest Hills, Maryland, was barred from the securities industry by the Financial Industry Regulatory Authority (FINRA). FINRA barred Williams after he did not provide testimony in a proceeding regarding his U-5. Williams has had five customer disputes, three of […]

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Former Frederick Attorney Faces a Maximum of 23 years

By Tom Costello of Costello Law Group Former Frederick attorney, Richard A. Brennan, is now facing jail time after pleading guilty to mail fraud and tax charges. Brennan first opened his practice in 2006 with the main focus of providing clients with debt-settlement services. Brennan allegedly misappropriated clients’ funds intended to pay off […]

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Representing Clients In Baltimore And Nationwide Home Blog Frederick man Sentenced after 24 counts of Wire Fraud and Money Laundering

By Tom Costello of Costello Law Group  Former financial advisor, Travis Wetzel, was sentenced to 3 ½ years in prison, three years of supervised release, and ordered to pay $1.2 million in restitution to a former client. Wetzel was first charged in May of last year with 24 counts of wire fraud and […]

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Frederick Advisor Steals $1.2 Million Through Wire Transfers

By Tom Costello of Costello Law Group Travis Wetzel, an advisor from Frederick, Maryland was indicted on wire fraud charges last month. Wetzel was the branch operations manager at Research Financial Strategy, an advisory firm located in Rockville, Maryland. Wetzel allegedly embezzled $1,282,224 from a clients of the firm. On May 9, 2014, […]

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Towson Broker and Signator Investors Ordered to pay $1.6 million to Three Investors

By Tom Costello of Costello Law Group Signator Investors, a John Hancock company, and their former employee James Glover were ordered to pay investors $1.6 million by a FINRA arbitration panel. The three victimized investors met Mr. Glover at their church in Maryland. The investors claimed that Glover fraudulently induced them to purchase […]

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