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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 […]

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Financial Professional Accepts Plea Deal in Fraud Case

Jacqueline Stanfill, a financial planner from Knoxville, who was charged with multiple felonies, decided to take a plea deal. The charges stemmed from an alleged fraud scheme that cost at least ten investors between $3.5-$9.5 million. Charles Schwab Investment Co. Inc. alerted the Federal Bureau of Investigation that it was […]

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