Jean Walsh-Josephson—Investment Fraud Involving Elderly Clients

investment fraud attorneysJean Walsh-Josephson Allegedly Stole $4 Million from Elderly Clients over Past Ten Years

Jean Walsh-Josephson, a longtime Oshkosh financial adviser for Thrivent Financial for Lutherans, allegedly stole $4 million from elderly clients over the past 10 years, according to a Wisconsin civil action dated April 21 currently under review by attorneys Alan Rosca and Joe Peiffer.

Walsh-Josephson, who is looking at more than 20 criminal charges of forgery, theft and resisting an officer in Winnebago and Outagamie counties, and also had her insurance license taken away, according to the aforementioned state civil action.

The Peiffer Rosca Wolf securities lawyers are currently investigating Jean Walsh-Josephson’s alleged theft of $4 million from elderly clients.

Jean Walsh-Josephson Ordered to Pay More than $1,500,000 in Civil Fines and Restitution Following Accusations She Allegedly Stole $4 million from Elderly Clients over Past Ten Years; Clients Literally Came to Walsh-Josephson with Buckets of Cash

Jean Walsh-Josephson was ordered to pay more than $1,500,000 in civil fines and restitution at the start of numerous legal actions based on accusations she allegedly stole $4 million from elderly clients over the past 10 years, according to a the Wisconsin civil action dated April 21 currently under review by attorneys Alan Rosca and Joe Peiffer.

Jean Walsh-Josephson, in one example, had a 70-year-old widower in September 2010 walk into her office with two five-gallon buckets of cash, adding up to $302,399, which he wanted to buy an annuity, live off the interest, and donate the principal to charity, the aforementioned civil action notes.

Jean Walsh-Josephson, rather than investing the money, allegedly gave him a fake receipt, pocketed the cash and sent him checks from a bank with the word “Thrivent” in its name, of $974.76 monthly for 49 months, said civil action reports. Finally, Walsh-Josephson also allegedly sold said investor a phony funeral policy for $5,000, according to the final order and decision’s findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged investment misconduct, and are currently investigating Walsh-Josephson’s alleged investment fraud involving elderly clients. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Walsh-Josephson’s alleged investment fraud involving elderly clients may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1157 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.