Michael Donnelly

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 […]

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