Georgia Investment Professional Accused of Misappropriating Investor Funds
James Arnold Busch, a Georgia investment professional, was accused of misappropriating $1.3 million from approximately eight investors, most of whom were elderly women.
Busch was permanently barred from the securities industry for his alleged violations. He agreed to the sanctions and did not deny the regulators’ findings, while also declining to admit them.
Regulatory documents reviewed by securities lawyers Jason Kane and Joe Peiffer allege that Busch gained access to his customers’ bank account information, and used that information to misappropriate money from their accounts.
James Busch misappropriated investor money by making purchases on his personal credit card and paying it off through his investors’ bank accounts, according to regulatory records reviewed by attorneys Kane and Peiffer,.
Attorneys Jason Kane and Joe Peiffer are preparing to take action on behalf of victimized James A. Busch investors.
Busch customers who believe they may have had money taken out of their accounts without their permission may contact attorneys Jason Kane or Joe Peiffer for a free, no-obligation evaluation of their recovery options, toll free at 585-310-5140.
To our knowledge, Busch has not been criminally charged as of the date of this posting.